<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	xmlns:georss="http://www.georss.org/georss" xmlns:geo="http://www.w3.org/2003/01/geo/wgs84_pos#" xmlns:media="http://search.yahoo.com/mrss/"
	>

<channel>
	<title>IT IS WHAT IT IS...JUST ANOTHER POINT OF VIEW</title>
	<atom:link href="http://toniiordache.wordpress.com/feed/" rel="self" type="application/rss+xml" />
	<link>http://toniiordache.wordpress.com</link>
	<description>THIS IS TO SIMPLIFY ECONOMICS, TO MAKE CAPITAL MARKETS EXCITING AND MORE ACCESSIBLE AND TO HAVE SOME FUN. DO NOT WORRY! AT THE END OF THE DAY EVERYONE WILL MAKE SIGNIFICANT STRIDES.</description>
	<lastBuildDate>Sun, 27 Sep 2009 12:40:45 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.com/</generator>
<cloud domain='toniiordache.wordpress.com' port='80' path='/?rsscloud=notify' registerProcedure='' protocol='http-post' />
<image>
		<url>http://0.gravatar.com/blavatar/0ad6e6dc60595ed22ca7c68c6c5ec1ec?s=96&#038;d=http%3A%2F%2Fs2.wp.com%2Fi%2Fbuttonw-com.png</url>
		<title>IT IS WHAT IT IS...JUST ANOTHER POINT OF VIEW</title>
		<link>http://toniiordache.wordpress.com</link>
	</image>
	<atom:link rel="search" type="application/opensearchdescription+xml" href="http://toniiordache.wordpress.com/osd.xml" title="IT IS WHAT IT IS...JUST ANOTHER POINT OF VIEW" />
	<atom:link rel='hub' href='http://toniiordache.wordpress.com/?pushpress=hub'/>
		<item>
		<title>Announcement</title>
		<link>http://toniiordache.wordpress.com/2009/09/27/announcement/</link>
		<comments>http://toniiordache.wordpress.com/2009/09/27/announcement/#comments</comments>
		<pubDate>Sun, 27 Sep 2009 12:39:03 +0000</pubDate>
		<dc:creator>Toni</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Witty Commentary]]></category>

		<guid isPermaLink="false">http://toniiordache.wordpress.com/?p=222</guid>
		<description><![CDATA[I am pleased to inform my readers that effective Sep 27 2009, my BLOG will be officially relocated to a new home: http://toniiordache.ro Looking forward to seeing you there!<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=toniiordache.wordpress.com&amp;blog=8631216&amp;post=222&amp;subd=toniiordache&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://toniiordache.wordpress.com/2009/09/27/announcement/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://0.gravatar.com/avatar/ed44612d11ba17bdddddf0495ab3a27c?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">Toni</media:title>
		</media:content>
	</item>
		<item>
		<title>US Taxpayer &#8211; The Universal Savior</title>
		<link>http://toniiordache.wordpress.com/2009/09/24/us-taxpayer-the-universal-savior/</link>
		<comments>http://toniiordache.wordpress.com/2009/09/24/us-taxpayer-the-universal-savior/#comments</comments>
		<pubDate>Thu, 24 Sep 2009 04:38:12 +0000</pubDate>
		<dc:creator>Toni</dc:creator>
				<category><![CDATA[World Markets]]></category>
		<category><![CDATA[Global Recession]]></category>

		<guid isPermaLink="false">http://toniiordache.wordpress.com/?p=216</guid>
		<description><![CDATA[In the post-Depression economics, Tim Geithner – US Treasury Secretary, has initiated a plan to inject $2.5 trillion of Public-Private Investment Fund (PPIF) into US banks to get rid of the toxic assets. On one side, nationalizing top-tier banks may be politically acceptable in places like Norway, Sweden, Chile, Iceland, Ireland and even Japan and [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=toniiordache.wordpress.com&amp;blog=8631216&amp;post=216&amp;subd=toniiordache&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://toniiordache.wordpress.com/2009/09/24/us-taxpayer-the-universal-savior/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
	
		<media:content url="http://0.gravatar.com/avatar/ed44612d11ba17bdddddf0495ab3a27c?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">Toni</media:title>
		</media:content>
	</item>
		<item>
		<title>Upside Down Meritocracy</title>
		<link>http://toniiordache.wordpress.com/2009/09/19/upside-down-meritocracy/</link>
		<comments>http://toniiordache.wordpress.com/2009/09/19/upside-down-meritocracy/#comments</comments>
		<pubDate>Sun, 20 Sep 2009 03:23:53 +0000</pubDate>
		<dc:creator>Toni</dc:creator>
				<category><![CDATA[Emerging Markets]]></category>
		<category><![CDATA[Witty Commentary]]></category>

		<guid isPermaLink="false">http://toniiordache.wordpress.com/2009/09/19/upside-down-meritocracy/</guid>
		<description><![CDATA[There are many appalling things I have learned to tolerate over the years except one: the lack of common sense. You can correct uncivilized manners, you can control vulgar speech, you can put a stop to violence but you can never treat stupidity. Few days ago I have read in the papers something utterly outrageous. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=toniiordache.wordpress.com&amp;blog=8631216&amp;post=205&amp;subd=toniiordache&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://toniiordache.wordpress.com/2009/09/19/upside-down-meritocracy/feed/</wfw:commentRss>
		<slash:comments>9</slash:comments>
	
		<media:content url="http://0.gravatar.com/avatar/ed44612d11ba17bdddddf0495ab3a27c?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">Toni</media:title>
		</media:content>
	</item>
		<item>
		<title>The Next Big Thing</title>
		<link>http://toniiordache.wordpress.com/2009/09/15/the-next-big-thing/</link>
		<comments>http://toniiordache.wordpress.com/2009/09/15/the-next-big-thing/#comments</comments>
		<pubDate>Tue, 15 Sep 2009 13:34:01 +0000</pubDate>
		<dc:creator>Toni</dc:creator>
				<category><![CDATA[World Markets]]></category>
		<category><![CDATA[Global Recession]]></category>

		<guid isPermaLink="false">http://toniiordache.wordpress.com/?p=201</guid>
		<description><![CDATA[On Sep 11th 2009, US administration has decided to impose excessive import duties of 35% on Chinese passenger and light truck tires, as a result of a surge of Chinese tire exports that have dented the US tire industry. Just two days after, the Chinese ministry of commerce responded that the Chinese officials were investigating [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=toniiordache.wordpress.com&amp;blog=8631216&amp;post=201&amp;subd=toniiordache&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://toniiordache.wordpress.com/2009/09/15/the-next-big-thing/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://0.gravatar.com/avatar/ed44612d11ba17bdddddf0495ab3a27c?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">Toni</media:title>
		</media:content>
	</item>
		<item>
		<title>Magic Crystal Ball</title>
		<link>http://toniiordache.wordpress.com/2009/09/11/magic-crystal-ball/</link>
		<comments>http://toniiordache.wordpress.com/2009/09/11/magic-crystal-ball/#comments</comments>
		<pubDate>Sat, 12 Sep 2009 01:21:48 +0000</pubDate>
		<dc:creator>Toni</dc:creator>
				<category><![CDATA[Macroeconomics]]></category>
		<category><![CDATA[Global Recession]]></category>

		<guid isPermaLink="false">http://toniiordache.wordpress.com/?p=185</guid>
		<description><![CDATA[One of the weirdest questions we hear these days is: “where can I buy the alarm clock that is going to wake me up when the recession is over?” Though there is no one-formula-fits-all type economic indicator that can accurately forecast the movement of the economy as the business cycle enters different phases, I would [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=toniiordache.wordpress.com&amp;blog=8631216&amp;post=185&amp;subd=toniiordache&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://toniiordache.wordpress.com/2009/09/11/magic-crystal-ball/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
		<media:content url="http://0.gravatar.com/avatar/ed44612d11ba17bdddddf0495ab3a27c?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">Toni</media:title>
		</media:content>

		<media:content url="http://toniiordache.files.wordpress.com/2009/09/lei.jpg?w=300" medium="image">
			<media:title type="html">LEI</media:title>
		</media:content>
	</item>
		<item>
		<title>Inflation vs. Deflation</title>
		<link>http://toniiordache.wordpress.com/2009/09/09/implied-inflation-rate/</link>
		<comments>http://toniiordache.wordpress.com/2009/09/09/implied-inflation-rate/#comments</comments>
		<pubDate>Thu, 10 Sep 2009 01:22:02 +0000</pubDate>
		<dc:creator>Toni</dc:creator>
				<category><![CDATA[Macroeconomics]]></category>
		<category><![CDATA[Monetary Policy]]></category>

		<guid isPermaLink="false">http://toniiordache.wordpress.com/?p=179</guid>
		<description><![CDATA[Traders, economists, strategists, central bankers are all exposed to a new dilemma: is the US economy experiencing an inflationary or a deflationary pressure? On one side, under a global turmoil environment where most economies are shrinking considerably, prices tend to fall and subsequently the aggregate demand for goods and services subsides. On the other side, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=toniiordache.wordpress.com&amp;blog=8631216&amp;post=179&amp;subd=toniiordache&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://toniiordache.wordpress.com/2009/09/09/implied-inflation-rate/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
	
		<media:content url="http://0.gravatar.com/avatar/ed44612d11ba17bdddddf0495ab3a27c?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">Toni</media:title>
		</media:content>
	</item>
		<item>
		<title>The Rising Phoenix</title>
		<link>http://toniiordache.wordpress.com/2009/09/06/the-rising-phoenix/</link>
		<comments>http://toniiordache.wordpress.com/2009/09/06/the-rising-phoenix/#comments</comments>
		<pubDate>Mon, 07 Sep 2009 00:16:54 +0000</pubDate>
		<dc:creator>Toni</dc:creator>
				<category><![CDATA[Emerging Markets]]></category>
		<category><![CDATA[Credit Markets]]></category>

		<guid isPermaLink="false">http://toniiordache.wordpress.com/?p=164</guid>
		<description><![CDATA[Before jumping into the credit spread pool, I reckon it is worthwhile spending a little time crystallizing few concepts. It is universally perceived that the US treasury bonds constitute to this day the baseline for the credit space, and they have been labeled as riskless securities. Credit rating agencies (e.g., Moody’s, Standard &#38; Poor’s) are [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=toniiordache.wordpress.com&amp;blog=8631216&amp;post=164&amp;subd=toniiordache&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://toniiordache.wordpress.com/2009/09/06/the-rising-phoenix/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
		<media:content url="http://0.gravatar.com/avatar/ed44612d11ba17bdddddf0495ab3a27c?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">Toni</media:title>
		</media:content>
	</item>
		<item>
		<title>Fundamental FX Triad</title>
		<link>http://toniiordache.wordpress.com/2009/09/02/fx-perspectives/</link>
		<comments>http://toniiordache.wordpress.com/2009/09/02/fx-perspectives/#comments</comments>
		<pubDate>Wed, 02 Sep 2009 19:20:05 +0000</pubDate>
		<dc:creator>Toni</dc:creator>
				<category><![CDATA[Investment Ideas]]></category>
		<category><![CDATA[FX Viewpoint]]></category>

		<guid isPermaLink="false">http://toniiordache.wordpress.com/?p=144</guid>
		<description><![CDATA[As we recall, the US dollar reached relative highs in March after its 24% rise from the 2008 lows. While the recent sell-off has been across the board, losses against commodity currencies have been pilling-up. The Australian and New Zealand dollars are each up more than 20%, and the Canadian dollar has gained 16%. There [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=toniiordache.wordpress.com&amp;blog=8631216&amp;post=144&amp;subd=toniiordache&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://toniiordache.wordpress.com/2009/09/02/fx-perspectives/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://0.gravatar.com/avatar/ed44612d11ba17bdddddf0495ab3a27c?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">Toni</media:title>
		</media:content>
	</item>
		<item>
		<title>Options Trading 101</title>
		<link>http://toniiordache.wordpress.com/2009/08/27/options-trading-101/</link>
		<comments>http://toniiordache.wordpress.com/2009/08/27/options-trading-101/#comments</comments>
		<pubDate>Fri, 28 Aug 2009 03:16:51 +0000</pubDate>
		<dc:creator>Toni</dc:creator>
				<category><![CDATA[Investment Ideas]]></category>
		<category><![CDATA[Trading Ideas]]></category>

		<guid isPermaLink="false">http://toniiordache.wordpress.com/?p=129</guid>
		<description><![CDATA[Speculation is certainly not for everyone, but trading is definitely not a snobbish occupation of an exclusive club of Ivy League graduates. There are many things to be said about trading. However, two points are paramount in becoming a successful trader: a rock-solid discipline and a timely acceptance of the losses. In a nutshell, investors [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=toniiordache.wordpress.com&amp;blog=8631216&amp;post=129&amp;subd=toniiordache&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://toniiordache.wordpress.com/2009/08/27/options-trading-101/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
	
		<media:content url="http://0.gravatar.com/avatar/ed44612d11ba17bdddddf0495ab3a27c?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">Toni</media:title>
		</media:content>
	</item>
		<item>
		<title>The Square Root Recession</title>
		<link>http://toniiordache.wordpress.com/2009/08/22/shapes-of-recession/</link>
		<comments>http://toniiordache.wordpress.com/2009/08/22/shapes-of-recession/#comments</comments>
		<pubDate>Sat, 22 Aug 2009 20:42:31 +0000</pubDate>
		<dc:creator>Toni</dc:creator>
				<category><![CDATA[Global Economic Outlook]]></category>
		<category><![CDATA[Global Recession]]></category>

		<guid isPermaLink="false">http://toniiordache.wordpress.com/?p=111</guid>
		<description><![CDATA[The most important question you will hear nowadays is &#8220;How quickly will we recover?&#8221; The answer to this question can be found by analyzing the shape of the current recession. Economists tend to refer to the following four shapes: V-shaped, U-shaped, W-shaped and L-shaped recessions. V-shaped recessions are recessions that begin with a steep fall [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=toniiordache.wordpress.com&amp;blog=8631216&amp;post=111&amp;subd=toniiordache&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://toniiordache.wordpress.com/2009/08/22/shapes-of-recession/feed/</wfw:commentRss>
		<slash:comments>8</slash:comments>
	
		<media:content url="http://0.gravatar.com/avatar/ed44612d11ba17bdddddf0495ab3a27c?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">Toni</media:title>
		</media:content>
	</item>
	</channel>
</rss>
