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	<title>Comments on: Why So Little Focus on the Unwinding of Global Imbalances?</title>
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		<title>By: Yves Smith</title>
		<link>http://www.nakedcapitalism.com/2007/09/why-so-little-focus-on-unwinding-of.html#comment-953</link>
		<dc:creator>Yves Smith</dc:creator>
		<pubDate>Sat, 29 Sep 2007 16:11:00 +0000</pubDate>
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		<description>Kenny,&lt;br/&gt;&lt;br/&gt;Fair point, and I&#039;ve only started the Pimco paper (I didn&#039;t want to comment based only on reading the executive summary), but unlike, say Bill Gross&#039; rant about CDOs and hooker heels, it hasn&#039;t been picked up in the MSM either.</description>
		<content:encoded><![CDATA[<p>Kenny,</p>
<p>Fair point, and I&#8217;ve only started the Pimco paper (I didn&#8217;t want to comment based only on reading the executive summary), but unlike, say Bill Gross&#8217; rant about CDOs and hooker heels, it hasn&#8217;t been picked up in the MSM either.</p>
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		<title>By: kenny</title>
		<link>http://www.nakedcapitalism.com/2007/09/why-so-little-focus-on-unwinding-of.html#comment-951</link>
		<dc:creator>kenny</dc:creator>
		<pubDate>Sat, 29 Sep 2007 12:44:00 +0000</pubDate>
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		<description>left this in the comments a few posts back, but PIMCO just put out a paper on global imbalances and Bretton Woods II:&lt;br/&gt;&lt;br/&gt;http://www.pimco.com/LeftNav/Viewpoints/2007/Renegade+Economics+-+Executive+Summary.htm&lt;br/&gt;&lt;br/&gt;&quot;The world economy is on the threshold of significant upheaval because of the substantial structural change in the global financial architecture...&quot;</description>
		<content:encoded><![CDATA[<p>left this in the comments a few posts back, but PIMCO just put out a paper on global imbalances and Bretton Woods II:</p>
<p><a href="http://www.pimco.com/LeftNav/Viewpoints/2007/Renegade+Economics+-+Executive+Summary.htm" rel="nofollow">http://www.pimco.com/LeftNav/Viewpoints/2007/Renegade+Economics+-+Executive+Summary.htm</a></p>
<p>&#8220;The world economy is on the threshold of significant upheaval because of the substantial structural change in the global financial architecture&#8230;&#8221;</p>
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		<title>By: Anonymous</title>
		<link>http://www.nakedcapitalism.com/2007/09/why-so-little-focus-on-unwinding-of.html#comment-950</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Sat, 29 Sep 2007 09:40:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2007/09/why-so-little-focus-on-the-unwinding-of-global-imbalances/#comment-950</guid>
		<description>Two for the UK and one for the US.&lt;br/&gt;&lt;br/&gt;&lt;a HREF=&quot;http://www.ft.com/cms/s/0/b58d03ee-6dfc-11dc-b8ab-0000779fd2ac.html&quot; REL=&quot;nofollow&quot;&gt;ING Direct steps in as US bank collapses&lt;/a&gt;&lt;br/&gt;&lt;br/&gt;&lt;br/&gt;-A-</description>
		<content:encoded><![CDATA[<p>Two for the UK and one for the US.</p>
<p><a HREF="http://www.ft.com/cms/s/0/b58d03ee-6dfc-11dc-b8ab-0000779fd2ac.html" REL="nofollow">ING Direct steps in as US bank collapses</a></p>
<p>-A-</p>
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