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	<title>Comments on: Green shoots or just more debt?</title>
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	<link>http://maxkeiser.com/2009/06/12/green-shoots-or-just-more-debt/</link>
	<description>Financial War Reports</description>
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		<title>By: Dustin</title>
		<link>http://maxkeiser.com/2009/06/12/green-shoots-or-just-more-debt/#comment-7908</link>
		<dc:creator>Dustin</dc:creator>
		<pubDate>Sat, 13 Jun 2009 15:30:08 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=1689#comment-7908</guid>
		<description>well some were predicting (and word out of the bilderberg group seems to back up) that the powers that be would let the economy have a fake recovery to sucker in a few last investors/suckers  (people may go out and spend if they think we are in recovery) and then let  the reality hit home with another crash to the deck and those people to lose there hard earned.
Going buy this dead cat bouce it looks like phase one is nearing its end.

Hope it dosent happen but i just cant see how we are in a recovery with jobs still falling and global outlook looking worse than it was stated by the world banl IMF etc.</description>
		<content:encoded><![CDATA[<p>well some were predicting (and word out of the bilderberg group seems to back up) that the powers that be would let the economy have a fake recovery to sucker in a few last investors/suckers  (people may go out and spend if they think we are in recovery) and then let  the reality hit home with another crash to the deck and those people to lose there hard earned.<br />
Going buy this dead cat bouce it looks like phase one is nearing its end.</p>
<p>Hope it dosent happen but i just cant see how we are in a recovery with jobs still falling and global outlook looking worse than it was stated by the world banl IMF etc.</p>
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		<title>By: Verilog</title>
		<link>http://maxkeiser.com/2009/06/12/green-shoots-or-just-more-debt/#comment-7825</link>
		<dc:creator>Verilog</dc:creator>
		<pubDate>Fri, 12 Jun 2009 22:27:52 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=1689#comment-7825</guid>
		<description>@Stacy sorry, here are the links

http://www.spectator.co.uk/business/coffeehouse/3592736/the-alarming-trends-surrounding-quantitative-easing.thtml

http://news.bbc.co.uk/1/hi/business/7951493.stm

It seems that all the money created by QE in the UK is being used to purchase gilts. I think this is different from the US.</description>
		<content:encoded><![CDATA[<p>@Stacy sorry, here are the links</p>
<p><a href="http://www.spectator.co.uk/business/coffeehouse/3592736/the-alarming-trends-surrounding-quantitative-easing.thtml" rel="nofollow">http://www.spectator.co.uk/business/coffeehouse/3592736/the-alarming-trends-surrounding-quantitative-easing.thtml</a></p>
<p><a href="http://news.bbc.co.uk/1/hi/business/7951493.stm" rel="nofollow">http://news.bbc.co.uk/1/hi/business/7951493.stm</a></p>
<p>It seems that all the money created by QE in the UK is being used to purchase gilts. I think this is different from the US.</p>
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		<title>By: Verilog</title>
		<link>http://maxkeiser.com/2009/06/12/green-shoots-or-just-more-debt/#comment-7820</link>
		<dc:creator>Verilog</dc:creator>
		<pubDate>Fri, 12 Jun 2009 22:12:09 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=1689#comment-7820</guid>
		<description>@Stacy

You wrote that quantitative easing has been more aggressive in the UK than in the US but according to this article &#039;only&#039; £150bn  has been created by the Bank of England,
http://www.guardian.co.uk/business/2009/mar/06/bank-of-england-printing-money1
while $1.2 trillion has been created by the Fed.

These amounts are I think about the same after taking into consideration that the US economy is about five times larger.

However, this article states that the money supply has been growing at a much faster rate in the UK than in the US, so you may be correct. The article does not state the source of the data, however.</description>
		<content:encoded><![CDATA[<p>@Stacy</p>
<p>You wrote that quantitative easing has been more aggressive in the UK than in the US but according to this article &#8216;only&#8217; £150bn  has been created by the Bank of England,<br />
<a href="http://www.guardian.co.uk/business/2009/mar/06/bank-of-england-printing-money1" rel="nofollow">http://www.guardian.co.uk/business/2009/mar/06/bank-of-england-printing-money1</a><br />
while $1.2 trillion has been created by the Fed.</p>
<p>These amounts are I think about the same after taking into consideration that the US economy is about five times larger.</p>
<p>However, this article states that the money supply has been growing at a much faster rate in the UK than in the US, so you may be correct. The article does not state the source of the data, however.</p>
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		<title>By: smallz</title>
		<link>http://maxkeiser.com/2009/06/12/green-shoots-or-just-more-debt/#comment-7795</link>
		<dc:creator>smallz</dc:creator>
		<pubDate>Fri, 12 Jun 2009 18:18:29 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=1689#comment-7795</guid>
		<description>Max &amp; Stacy,

I am now rolling a joint in your honor.

Peace.</description>
		<content:encoded><![CDATA[<p>Max &amp; Stacy,</p>
<p>I am now rolling a joint in your honor.</p>
<p>Peace.</p>
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		<title>By: Nancy S, Huntington Bch, CA</title>
		<link>http://maxkeiser.com/2009/06/12/green-shoots-or-just-more-debt/#comment-7772</link>
		<dc:creator>Nancy S, Huntington Bch, CA</dc:creator>
		<pubDate>Fri, 12 Jun 2009 16:20:07 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=1689#comment-7772</guid>
		<description>About that supernova...Did you hear? Pretty soon some space activity will be classified...&quot;A recent U.S. military policy decision now explicitly states that observations by hush-hush government spacecraft of incoming bolides and fireballs are classified secret and are not to be released, SPACE.com has learned.&quot;
http://www.floridatoday.com/article/20090610/BREAKINGNEWS/90610048/1007/rss06</description>
		<content:encoded><![CDATA[<p>About that supernova&#8230;Did you hear? Pretty soon some space activity will be classified&#8230;&#8221;A recent U.S. military policy decision now explicitly states that observations by hush-hush government spacecraft of incoming bolides and fireballs are classified secret and are not to be released, SPACE.com has learned.&#8221;<br />
<a href="http://www.floridatoday.com/article/20090610/BREAKINGNEWS/90610048/1007/rss06" rel="nofollow">http://www.floridatoday.com/article/20090610/BREAKINGNEWS/90610048/1007/rss06</a></p>
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		<title>By: Marty</title>
		<link>http://maxkeiser.com/2009/06/12/green-shoots-or-just-more-debt/#comment-7724</link>
		<dc:creator>Marty</dc:creator>
		<pubDate>Fri, 12 Jun 2009 12:50:24 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=1689#comment-7724</guid>
		<description>fric and frac go zig and zag,,,</description>
		<content:encoded><![CDATA[<p>fric and frac go zig and zag,,,</p>
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		<title>By: stacyherbert</title>
		<link>http://maxkeiser.com/2009/06/12/green-shoots-or-just-more-debt/#comment-7719</link>
		<dc:creator>stacyherbert</dc:creator>
		<pubDate>Fri, 12 Jun 2009 12:10:51 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=1689#comment-7719</guid>
		<description>@Danny . . . some &#039;green shoots&#039; quotes from 1930 &amp; 1931.  Sound familiar?


&lt;blockquote&gt;&quot;President Hoover predicted today that the worst effect of the crash upon unemployment will have been passed during the next sixty days.&quot; - Washington Dispatch, March 8, 1930

&quot;The spring of 1930 marks the end of a period of grave concern... American business is steadily coming back to a normal level of prosperity.&quot; - Julius Barnes, head of Hoover&#039;s National Business Survey Conference, Mar 16, 1930

&quot;While the crash only took place six months ago, I am convinced we have now passed the worst and with continued unity of effort we shall rapidly recover. There is one certainty of the future of a people of the resources, intelligence and character of the people of the United States - that is, prosperity.&quot; - President Hoover, May 1, 1930

&quot;The worst is over without a doubt.&quot; - James J. Davis, Secretary of Labor, June 29, 1930

Gentleman, you have come sixty days too late. The depression is over.&quot; - Herbert Hoover, responding to a delegation requesting a public works program to help speed the recovery, June 1930

&quot;We have hit bottom and are on the upswing.&quot; - James J. Davis, Secretary of Labor, September 12, 1930

&quot;President Hoover has summoned Colonel Arthur Woods to help place 2,500,000 persons back to work this winter.&quot; - Washington dispatch, October 21, 1930

&quot;I see no reason why 1931 should not be an extremely good year.&quot; - Alfred P. Sloan, Jr., General Motors Co, November 1930

&quot;The depression has ended.&quot; - Dr. Julius Klein, Assistant Secretary of Commerce, June 9, 1931

&quot;I believe July 8, 1932 was the end of the great bear market.&quot; - Dow Theorist, Robert Rhea, July 21, 1932&lt;/blockquote&gt;</description>
		<content:encoded><![CDATA[<p>@Danny . . . some &#8216;green shoots&#8217; quotes from 1930 &amp; 1931.  Sound familiar?</p>
<blockquote><p>&#8220;President Hoover predicted today that the worst effect of the crash upon unemployment will have been passed during the next sixty days.&#8221; &#8211; Washington Dispatch, March 8, 1930</p>
<p>&#8220;The spring of 1930 marks the end of a period of grave concern&#8230; American business is steadily coming back to a normal level of prosperity.&#8221; &#8211; Julius Barnes, head of Hoover&#8217;s National Business Survey Conference, Mar 16, 1930</p>
<p>&#8220;While the crash only took place six months ago, I am convinced we have now passed the worst and with continued unity of effort we shall rapidly recover. There is one certainty of the future of a people of the resources, intelligence and character of the people of the United States &#8211; that is, prosperity.&#8221; &#8211; President Hoover, May 1, 1930</p>
<p>&#8220;The worst is over without a doubt.&#8221; &#8211; James J. Davis, Secretary of Labor, June 29, 1930</p>
<p>Gentleman, you have come sixty days too late. The depression is over.&#8221; &#8211; Herbert Hoover, responding to a delegation requesting a public works program to help speed the recovery, June 1930</p>
<p>&#8220;We have hit bottom and are on the upswing.&#8221; &#8211; James J. Davis, Secretary of Labor, September 12, 1930</p>
<p>&#8220;President Hoover has summoned Colonel Arthur Woods to help place 2,500,000 persons back to work this winter.&#8221; &#8211; Washington dispatch, October 21, 1930</p>
<p>&#8220;I see no reason why 1931 should not be an extremely good year.&#8221; &#8211; Alfred P. Sloan, Jr., General Motors Co, November 1930</p>
<p>&#8220;The depression has ended.&#8221; &#8211; Dr. Julius Klein, Assistant Secretary of Commerce, June 9, 1931</p>
<p>&#8220;I believe July 8, 1932 was the end of the great bear market.&#8221; &#8211; Dow Theorist, Robert Rhea, July 21, 1932</p></blockquote>
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		<title>By: Danny</title>
		<link>http://maxkeiser.com/2009/06/12/green-shoots-or-just-more-debt/#comment-7716</link>
		<dc:creator>Danny</dc:creator>
		<pubDate>Fri, 12 Jun 2009 11:56:00 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=1689#comment-7716</guid>
		<description>Irish news just a couple minutes ago– &quot;Ireland is coming out the recession. We should preform better in the recovery than other countries because we have had an increased level of deflation&quot; 

WHAT A LOAD OF SHITE!!!!!

...and people believe this stuff. State propaganda. Unbelievable</description>
		<content:encoded><![CDATA[<p>Irish news just a couple minutes ago– &#8220;Ireland is coming out the recession. We should preform better in the recovery than other countries because we have had an increased level of deflation&#8221; </p>
<p>WHAT A LOAD OF SHITE!!!!!</p>
<p>&#8230;and people believe this stuff. State propaganda. Unbelievable</p>
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		<title>By: Phil</title>
		<link>http://maxkeiser.com/2009/06/12/green-shoots-or-just-more-debt/#comment-7713</link>
		<dc:creator>Phil</dc:creator>
		<pubDate>Fri, 12 Jun 2009 11:45:31 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=1689#comment-7713</guid>
		<description>@MyGoldPrediction (Mother Earth)

Just a small idea... as your camera is obviously kaputt !
;-)

You (probably) know there is screen capture software such as snagit which allow you to capture your screen as a video, so that you can edit it afterwards and add speech etc.
Just an idea , otherwise Thx for the website .

BTW .. you were lucky to get that name &quot;mygoldprediction.com&quot; .... normally they are all bought up and parked for big dollars !</description>
		<content:encoded><![CDATA[<p>@MyGoldPrediction (Mother Earth)</p>
<p>Just a small idea&#8230; as your camera is obviously kaputt !<br />
 <img src='http://maxkeiser.com/wp-includes/images/smilies/icon_wink.gif' alt=';-)' class='wp-smiley' /> </p>
<p>You (probably) know there is screen capture software such as snagit which allow you to capture your screen as a video, so that you can edit it afterwards and add speech etc.<br />
Just an idea , otherwise Thx for the website .</p>
<p>BTW .. you were lucky to get that name &#8220;mygoldprediction.com&#8221; &#8230;. normally they are all bought up and parked for big dollars !</p>
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		<title>By: sharon</title>
		<link>http://maxkeiser.com/2009/06/12/green-shoots-or-just-more-debt/#comment-7711</link>
		<dc:creator>sharon</dc:creator>
		<pubDate>Fri, 12 Jun 2009 11:36:25 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=1689#comment-7711</guid>
		<description>@ Stacy, yes there is oil, and huge debt, and a crap government led by the prince of darkness, and a reliance on a financial market that is collapsing, and no manufacturing base, and too many people on benefits, and the price of food already double (even treble in some cases) what it was just months ago, and children leaving school with no jobs to go to (what will in fact be a lost generation), and an expensive war in Afghanistan, and, and, and.............
But hey, at least we&#039;re no longer in recession!</description>
		<content:encoded><![CDATA[<p>@ Stacy, yes there is oil, and huge debt, and a crap government led by the prince of darkness, and a reliance on a financial market that is collapsing, and no manufacturing base, and too many people on benefits, and the price of food already double (even treble in some cases) what it was just months ago, and children leaving school with no jobs to go to (what will in fact be a lost generation), and an expensive war in Afghanistan, and, and, and&#8230;&#8230;&#8230;&#8230;.<br />
But hey, at least we&#8217;re no longer in recession!</p>
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		<title>By: stacyherbert</title>
		<link>http://maxkeiser.com/2009/06/12/green-shoots-or-just-more-debt/#comment-7707</link>
		<dc:creator>stacyherbert</dc:creator>
		<pubDate>Fri, 12 Jun 2009 11:19:15 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=1689#comment-7707</guid>
		<description>@sharon - of course, there is oil which has doubled from its low:  http://bit.ly/zpWuN</description>
		<content:encoded><![CDATA[<p>@sharon &#8211; of course, there is oil which has doubled from its low:  <a href="http://bit.ly/zpWuN" rel="nofollow">http://bit.ly/zpWuN</a></p>
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		<title>By: Phil</title>
		<link>http://maxkeiser.com/2009/06/12/green-shoots-or-just-more-debt/#comment-7706</link>
		<dc:creator>Phil</dc:creator>
		<pubDate>Fri, 12 Jun 2009 11:17:30 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=1689#comment-7706</guid>
		<description>@Stacey

Some famous quotes you might like to use for your website ...
... when the right occaison demands !
;-)

http://www1.investorvillage.com/iv2/smbd.asp?mb=144&amp;mn=25340&amp;pt=msg&amp;mid=7412516</description>
		<content:encoded><![CDATA[<p>@Stacey</p>
<p>Some famous quotes you might like to use for your website &#8230;<br />
&#8230; when the right occaison demands !<br />
 <img src='http://maxkeiser.com/wp-includes/images/smilies/icon_wink.gif' alt=';-)' class='wp-smiley' /> </p>
<p><a href="http://www1.investorvillage.com/iv2/smbd.asp?mb=144&#038;mn=25340&#038;pt=msg&#038;mid=7412516" rel="nofollow">http://www1.investorvillage.com/iv2/smbd.asp?mb=144&#038;mn=25340&#038;pt=msg&#038;mid=7412516</a></p>
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		<title>By: stacyherbert</title>
		<link>http://maxkeiser.com/2009/06/12/green-shoots-or-just-more-debt/#comment-7705</link>
		<dc:creator>stacyherbert</dc:creator>
		<pubDate>Fri, 12 Jun 2009 11:13:11 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=1689#comment-7705</guid>
		<description>@sharon - yes, I saw that news.  I wouldn&#039;t believe it.  Not while the rest of the world is reporting double digit declines in output and exports.  The only thing the UK is increasing manufacturing of is pounds sterling.  How many hundreds of billions have been printed since March in quantitative easing?  

@Mike2liverpool - - aren&#039;t you British?  Ha ha.  How can you hate yourself!?</description>
		<content:encoded><![CDATA[<p>@sharon &#8211; yes, I saw that news.  I wouldn&#8217;t believe it.  Not while the rest of the world is reporting double digit declines in output and exports.  The only thing the UK is increasing manufacturing of is pounds sterling.  How many hundreds of billions have been printed since March in quantitative easing?  </p>
<p>@Mike2liverpool &#8211; - aren&#8217;t you British?  Ha ha.  How can you hate yourself!?</p>
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		<title>By: MyGoldPrediction (Mother Earth)</title>
		<link>http://maxkeiser.com/2009/06/12/green-shoots-or-just-more-debt/#comment-7704</link>
		<dc:creator>MyGoldPrediction (Mother Earth)</dc:creator>
		<pubDate>Fri, 12 Jun 2009 11:13:06 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=1689#comment-7704</guid>
		<description>Its time to expose the financial oligargy for what it is : a religious cult.</description>
		<content:encoded><![CDATA[<p>Its time to expose the financial oligargy for what it is : a religious cult.</p>
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