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	<title>EconomyBeat.org &#187; George Soros</title>
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	<itunes:summary>Podcast highlighting public radio coverage of the economy, the recession, employment, the mortgage crisis and health care issues.</itunes:summary>
	<itunes:author>Roman Mars</itunes:author>
	<itunes:explicit>no</itunes:explicit>
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		<itunes:name>Roman Mars</itunes:name>
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	<managingEditor>sysadmin.robert@prx.org (Roman Mars)</managingEditor>
	<copyright>2006-2010</copyright>
	<itunes:subtitle>Public radio coverage of the economy.</itunes:subtitle>
	<itunes:keywords>economy, healthcare, mortgage, recession, unemployment</itunes:keywords>
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		<title>EconomyBeat.org &#187; George Soros</title>
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	<itunes:category text="News &amp; Politics" />
	<itunes:category text="Business">
		<itunes:category text="Business News" />
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		<item>
		<title>Labor Day links</title>
		<link>http://economybeat.org/meta-user-generated-content/labor-day-links/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=labor-day-links</link>
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		<pubDate>Mon, 07 Sep 2009 18:54:53 +0000</pubDate>
		<dc:creator>Jon Brooks</dc:creator>
				<category><![CDATA[Meta: User-generated content]]></category>
		<category><![CDATA[Bruce Springsteen]]></category>
		<category><![CDATA[George Soros]]></category>
		<category><![CDATA[Labor Day]]></category>
		<category><![CDATA[unions]]></category>

		<guid isPermaLink="false">http://www.economybeat.org/?p=971</guid>
		<description><![CDATA[A hodgepodge of user-generated and other content from around the Web: This week&#8217;s weird jobs (Business Pundit) AFL-CIO: Young Workers &#8211; A Lost Decade &#8211; the labor union&#8217;s report Not Big Labor&#8217;s Day &#8211; U.S. Chamber of Commerce The 5 Social Media Types Who End Up Losing Their Job (Applicant.com) George Soros: America&#8217;s New Engine [...]]]></description>
			<content:encoded><![CDATA[<p>A hodgepodge of user-generated and other content from around the Web:</p>
<ul>
<li><a href="http://www.businesspundit.com/this-weeks-weird-jobs-31/">This week&#8217;s weird jobs </a>(<em>Business Pundit</em>)</li>
<p />
<li><a href="http://www.aflcio.org/aboutus/laborday/">AFL-CIO: Young Workers &#8211; A Lost Decade</a> &#8211; the labor union&#8217;s report</li>
<p />
<li><a href="http://www.chamberpost.com/2009/09/not-big-labor-day.html">Not Big Labor&#8217;s Day</a> &#8211; <em>U.S. Chamber of Commerce</em></li>
<p />
<li><a href="http://applicant.com/the-5-social-media-types-who-ended-up-losing-their-job/">The 5 Social Media Types Who End Up Losing Their Job</a> (<em>Applicant.com</em>) </li>
<p />
<li><a href="http://bigthink.com/georgesoros/george-soros-on-americas-new-engines-of-growth">George Soros: America&#8217;s New Engine of Growth</a> &#8211; the billionaire on America&#8217;s next economic boom <em>(Big Think)</em></li>
<p />
<li><a href="http://www.podcastdirectory.com/podshows/4567923">5 tough job interview questions to expect </a> (<em>Jobseeker podcast</em>)</li>
<p />
<li><a href="http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=latest_numbers&amp;series_id=LNS14000000">Bureau of Labor Statistics unemployment rate</a> &#8211; from 1948 on
<p />
<li><a href="http://www.workingyourwayaroundtheworld.com/">Working Your Way Around the World</a> &#8211; for those who want to make money on the go</li>
<p />
<li><a href="http://mywifequitherjob.com/">MyWifeQuitHerJob.com</a> &#8211; how to start your own business
<p />
<li><a href="http://webinfront.net/?p=2186">Bruce Springsteen and the E Street Band live in San Francisco</a> &#8211; podcast of the concert from December, 1978, when you could hear a 27-song set on the radio and unemployment was just 6%. Happy Labor Day!
</ul>
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		<title>What shape are we in?</title>
		<link>http://economybeat.org/economic-philosophy/what-shape-are-we-in/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=what-shape-are-we-in</link>
		<comments>http://economybeat.org/economic-philosophy/what-shape-are-we-in/#comments</comments>
		<pubDate>Fri, 04 Sep 2009 20:07:41 +0000</pubDate>
		<dc:creator>Jon Brooks</dc:creator>
				<category><![CDATA[economic philosophy]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[George Soros]]></category>
		<category><![CDATA[Joseph Stiglitz]]></category>
		<category><![CDATA[Norel Roubini]]></category>
		<category><![CDATA[recession shapes]]></category>

		<guid isPermaLink="false">http://www.economybeat.org/?p=931</guid>
		<description><![CDATA[Referring to the current recessionary cycle, Joseph Stiglitz says we may be in for a W-shaped recovery. Norel Roubini thinks we could go W or U. George Soros said he didn&#8217;t see a V anywhere in site. What, exactly, are they talking about? Let us consult the Wiki. V-shaped recession: &#8220;The economy suffers a sharp [...]]]></description>
			<content:encoded><![CDATA[<p>Referring to the current recessionary cycle, <a href="http://en.wikipedia.org/wiki/Recession_shapes"><img src="http://economybeat.org/files/2009/09/recessionshapes2.jpg" alt="recessionshapes2" class="alignleft size-full wp-image-944" /></a><a href="http://www.bloomberg.com/apps/news?pid=20601087&amp;sid=anag9TDM3vDw">Joseph Stiglitz says</a> we may be in for a W-shaped recovery. <a href="http://www.reuters.com/article/GCA-Economy/idUSTRE5833BM20090904">Norel Roubini thinks</a> we could go W or U. <a href="http://www.reuters.com/article/ousiv/idUSTRE53537D20090406">George Soros said</a> he didn&#8217;t see a  V anywhere in site. </p>
<p>What, exactly, are they talking about? Let us consult the <a href="http://en.wikipedia.org/wiki/Recession_shapes">Wiki</a>.</p>
<blockquote><p>
V-shaped recession: &#8220;The economy suffers a sharp but brief period of economic decline with a clearly defined trough, followed by a strong recovery.&#8221;</p>
<p>U-shaped: &#8220;Longer than a V-shaped recession, and has a less-clearly defined trough. GDP may shrink for several quarters, and only slowly return to trend growth.&#8221;</p>
<p>W-shaped:  A &#8220;double dip&#8221; recession, occurring when the economy &#8220;emerges from (a) recession with a short period of growth, but quickly falls back into recession.&#8221;</p>
<p>L-shaped: &#8220;The economy has a severe recession and does not return to trend line growth for many years, if ever&#8230;This is the most severe of the different shapes of recession.&#8221;
</p></blockquote>
<p>Some have also talked about a J-shaped recovery. But at this point, <em>any</em> recovery might just be termed &#8220;A-OK.&#8221;</p>
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