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	<title>Comments on: Bureaucratic Rump-Covering</title>
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	<link>http://www.arnoldkling.com/blog/bureaucratic-rump-covering/</link>
	<description>taking the most charitable view of those who disagree</description>
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		<title>By: Tom G</title>
		<link>http://www.arnoldkling.com/blog/bureaucratic-rump-covering/#comment-463682</link>
		<dc:creator><![CDATA[Tom G]]></dc:creator>
		<pubDate>Thu, 04 Feb 2016 16:19:30 +0000</pubDate>
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		<description><![CDATA[Dr Michael Burry had enough info to create, and profit well from ... the Big Short anticipating a huge house price finance meltdown, based on actually reading the contracts.

There were 2 years after the start of house prices collapsing end of 2005, early 2006, with 2006-2007 both having economic growth despite house construction contracting. Growth after house price pop means the lags from real over-construction misallocation and the losses in the financial system create confusion about causes and effects of the financial problems and the link to the real economy.]]></description>
		<content:encoded><![CDATA[<p>Dr Michael Burry had enough info to create, and profit well from &#8230; the Big Short anticipating a huge house price finance meltdown, based on actually reading the contracts.</p>
<p>There were 2 years after the start of house prices collapsing end of 2005, early 2006, with 2006-2007 both having economic growth despite house construction contracting. Growth after house price pop means the lags from real over-construction misallocation and the losses in the financial system create confusion about causes and effects of the financial problems and the link to the real economy.</p>
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		<title>By: Lord</title>
		<link>http://www.arnoldkling.com/blog/bureaucratic-rump-covering/#comment-463648</link>
		<dc:creator><![CDATA[Lord]]></dc:creator>
		<pubDate>Tue, 02 Feb 2016 20:33:01 +0000</pubDate>
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		<description><![CDATA[If we are lucky they might fund some helpful research like that recent credit conditions paper.]]></description>
		<content:encoded><![CDATA[<p>If we are lucky they might fund some helpful research like that recent credit conditions paper.</p>
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