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	<title>WalesHome.org &#187; recession</title>
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	<link>http://waleshome.org</link>
	<description>Independent analysis from and about Wales</description>
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		<title>Economic Stock-Take</title>
		<link>http://waleshome.org/2010/07/economic-stock-take/</link>
		<comments>http://waleshome.org/2010/07/economic-stock-take/#comments</comments>
		<pubDate>Wed, 28 Jul 2010 14:00:58 +0000</pubDate>
		<dc:creator>David Jones</dc:creator>
				<category><![CDATA[The Hearth]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://waleshome.org/?p=12879</guid>
		<description><![CDATA[The FTSE 100 is currently (about 10am) 5,370. For most of 2007 it sat above 6,000, before dropping in 2008 and 2009 to, eventually, 3,500. So it’s within 10% of its pre-crash peak. House prices have, so far, had a good year, with the Nationwide House Price Index showing a 3% rise in the first [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>It&#8217;s house prices, not bankers at the root of the problem</title>
		<link>http://waleshome.org/2010/07/its-house-prices-not-bankers-at-the-root-of-the-problem/</link>
		<comments>http://waleshome.org/2010/07/its-house-prices-not-bankers-at-the-root-of-the-problem/#comments</comments>
		<pubDate>Wed, 14 Jul 2010 06:00:10 +0000</pubDate>
		<dc:creator>David Jones</dc:creator>
				<category><![CDATA[Exchange]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[Cardiff Bay]]></category>
		<category><![CDATA[house prices]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://waleshome.org/?p=12514</guid>
		<description><![CDATA[Banks have been the main target when it comes to attributing the recession. But we are all to blame, and here's how it all happened]]></description>
		<wfw:commentRss>http://waleshome.org/2010/07/its-house-prices-not-bankers-at-the-root-of-the-problem/feed/</wfw:commentRss>
		<slash:comments>14</slash:comments>
		</item>
		<item>
		<title>We can&#8217;t afford to cut the public sector</title>
		<link>http://waleshome.org/2010/04/we-cant-afford-to-cut-the-public-sector/</link>
		<comments>http://waleshome.org/2010/04/we-cant-afford-to-cut-the-public-sector/#comments</comments>
		<pubDate>Fri, 02 Apr 2010 06:00:29 +0000</pubDate>
		<dc:creator>Paul O'Shea</dc:creator>
				<category><![CDATA[Public]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[cuts]]></category>
		<category><![CDATA[economic recovery]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[local government]]></category>
		<category><![CDATA[public debate]]></category>
		<category><![CDATA[public services]]></category>
		<category><![CDATA[public spending]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[trade unions]]></category>

		<guid isPermaLink="false">http://waleshome.org/?p=8989</guid>
		<description><![CDATA[During a period of tight financial settlements, public services often become a scapegoat or an easy target for cuts and so-called efficiency savings. But cutting public services now could do the economy more damage and lead to another recession]]></description>
		<wfw:commentRss>http://waleshome.org/2010/04/we-cant-afford-to-cut-the-public-sector/feed/</wfw:commentRss>
		<slash:comments>24</slash:comments>
		</item>
		<item>
		<title>Checking the storm</title>
		<link>http://waleshome.org/2009/12/checking-the-storm/</link>
		<comments>http://waleshome.org/2009/12/checking-the-storm/#comments</comments>
		<pubDate>Mon, 21 Dec 2009 07:00:24 +0000</pubDate>
		<dc:creator>Duncan Higgitt</dc:creator>
				<category><![CDATA[Business (old)]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[credit crunch]]></category>
		<category><![CDATA[economic recovery]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[Vince Cable]]></category>
		<category><![CDATA[Welsh Liberal Democrats]]></category>

		<guid isPermaLink="false">http://waleshome.org/?p=5943</guid>
		<description><![CDATA[Vince Cable is widely credited with having seen the signs of the current economic crisis before any other politician. In an interview with WalesHome, he explains how it could happen again and what needs to be done to prevent it]]></description>
		<wfw:commentRss>http://waleshome.org/2009/12/checking-the-storm/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Tears for Lenin</title>
		<link>http://waleshome.org/2009/11/tears-for-lenin/</link>
		<comments>http://waleshome.org/2009/11/tears-for-lenin/#comments</comments>
		<pubDate>Tue, 10 Nov 2009 06:00:40 +0000</pubDate>
		<dc:creator>Duncan Higgitt</dc:creator>
				<category><![CDATA[Business (old)]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[Boris Yeltsin]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[inequality]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[Vladimir Putin]]></category>
		<category><![CDATA[Wall week]]></category>

		<guid isPermaLink="false">http://waleshome.org/?p=4452</guid>
		<description><![CDATA[Many in the West thought that the end of communism would signal happier times for those behind the Iron Curtain. But, for many millions, it signalled a return to how Russia was always run]]></description>
		<wfw:commentRss>http://waleshome.org/2009/11/tears-for-lenin/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>No more socialism for the super rich</title>
		<link>http://waleshome.org/2009/11/no-more-socialism-for-the-super-rich/</link>
		<comments>http://waleshome.org/2009/11/no-more-socialism-for-the-super-rich/#comments</comments>
		<pubDate>Sat, 07 Nov 2009 06:00:07 +0000</pubDate>
		<dc:creator>Jonathan Edwards MP</dc:creator>
				<category><![CDATA[Essay (old)]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[inequality]]></category>
		<category><![CDATA[Jonathan Edwards]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://waleshome.org/?p=4211</guid>
		<description><![CDATA[With over £1.4 trillion of personal debt still in the UK, the CAB remains in the frontline of supporting people during the recession. Now it is putting forward a series of radical proposals to help turn around our fortunes]]></description>
		<wfw:commentRss>http://waleshome.org/2009/11/no-more-socialism-for-the-super-rich/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Done nothing</title>
		<link>http://waleshome.org/2009/10/a-haunted-dancefloor/</link>
		<comments>http://waleshome.org/2009/10/a-haunted-dancefloor/#comments</comments>
		<pubDate>Sat, 31 Oct 2009 06:00:45 +0000</pubDate>
		<dc:creator>Duncan Higgitt</dc:creator>
				<category><![CDATA[Essay (old)]]></category>
		<category><![CDATA[inequality]]></category>
		<category><![CDATA[miners' strike]]></category>
		<category><![CDATA[music]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://waleshome.org/?p=3984</guid>
		<description><![CDATA[The Specials take to the stage in Cardiff tomorrow on the latest date of a national tour for the reformed ska band. But this is no nostalgic reunion, and we shouldn't take comfort from the resonance that their lyrics of 30 years ago still bear today]]></description>
		<wfw:commentRss>http://waleshome.org/2009/10/a-haunted-dancefloor/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Now is the time for us to work together</title>
		<link>http://waleshome.org/2009/10/now-is-the-time-for-us-to-work-together/</link>
		<comments>http://waleshome.org/2009/10/now-is-the-time-for-us-to-work-together/#comments</comments>
		<pubDate>Thu, 22 Oct 2009 05:00:44 +0000</pubDate>
		<dc:creator>Bethan Jenkins AM</dc:creator>
				<category><![CDATA[International (old)]]></category>
		<category><![CDATA[Bethan Jenkins]]></category>
		<category><![CDATA[British Irish Parliamentary Assembly]]></category>
		<category><![CDATA[devolution]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Gerry Adams]]></category>
		<category><![CDATA[Northern Ireland]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://waleshome.org/?p=3463</guid>
		<description><![CDATA[Ireland’s current economic crisis should also be a concern for Wales, and this week's meeting of the British Irish Parliamentary Assembly provides the perfect place to start pooling our expertise - and experience in devolution - to find solutions that suit the Celtic nations ]]></description>
		<wfw:commentRss>http://waleshome.org/2009/10/now-is-the-time-for-us-to-work-together/feed/</wfw:commentRss>
		<slash:comments>10</slash:comments>
		</item>
		<item>
		<title>Change the mindset and you can fix the economy</title>
		<link>http://waleshome.org/2009/10/change-the-mindset-and-you-can-fix-the-economy/</link>
		<comments>http://waleshome.org/2009/10/change-the-mindset-and-you-can-fix-the-economy/#comments</comments>
		<pubDate>Sat, 17 Oct 2009 05:00:13 +0000</pubDate>
		<dc:creator>Kirsty Williams AM</dc:creator>
				<category><![CDATA[Essay (old)]]></category>
		<category><![CDATA[business support]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Kirsty Williams]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[stock exchange]]></category>
		<category><![CDATA[taxation]]></category>
		<category><![CDATA[Welsh Liberal Democrats]]></category>

		<guid isPermaLink="false">http://waleshome.org/?p=2896</guid>
		<description><![CDATA[The Welsh Liberal Democrats begin their Autumn conference today in Wrexham, one of the key local authorities they control in Wales. Ahead of her keynote speech to conference, Welsh party leader Kirsty Williams sets out her party's approach to revitialising Welsh economic development policy]]></description>
		<wfw:commentRss>http://waleshome.org/2009/10/change-the-mindset-and-you-can-fix-the-economy/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>The house that Gordon wrecked</title>
		<link>http://waleshome.org/2009/10/the-house-that-gordon-wrecked/</link>
		<comments>http://waleshome.org/2009/10/the-house-that-gordon-wrecked/#comments</comments>
		<pubDate>Fri, 09 Oct 2009 05:00:28 +0000</pubDate>
		<dc:creator>Michael Jones</dc:creator>
				<category><![CDATA[Home Truths]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[George Bush]]></category>
		<category><![CDATA[Gordon Brown]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Labour]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://waleshome.org/?p=2664</guid>
		<description><![CDATA[It is western governments that sleepwalked us into the recession that is engulfing the world. Arguing against an earlier WalesHome.org piece on Gordon Brown's performance, there is a clear case that the Prime Minister was one of the architects of this financial disaster, not our saviour]]></description>
		<wfw:commentRss>http://waleshome.org/2009/10/the-house-that-gordon-wrecked/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
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