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        <title><![CDATA[Mervyn King - Former Bloomberg Opinion Columnist]]></title>
        <description><![CDATA[Mervyn King was governor of the Bank of England from 2003 to 2013. He is the Alan Greenspan Professor of Economics at NYU Stern School of Business and professor of law at NYU School of Law, and author (with John Kay) of “Radical Uncertainty: Decision-Making Beyond the Numbers.”]]></description>
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        <copyright><![CDATA[Copyright 2026 BLOOMBERG L.P. ALL RIGHTS RESERVED]]></copyright>
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        <item>
            <title><![CDATA[The King Canute Theory of Inflation]]></title>
            <description><![CDATA[A satisfactory theory of inflation cannot take the form, “Inflation will remain low just because we say it will.”]]></description>
            <link>https://www.bloomberg.com/opinion/articles/2021-11-24/central-banks-should-abandon-the-king-canute-theory-of-inflation</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Wed, 24 Nov 2021 05:30:34 GMT</pubDate>
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                <media:description>ABERYSTWYTH, WALES - FEBRUARY 02: Waves crash up against the sea defences at Aberystwyth during high tide and high winds on February 2, 2014 in Aberystwyth, Wales. With high tides, combined with gale force winds and further heavy rain, some parts of the UK are bracing themselves for more flooding. (Photo by Christopher Furlong/Getty Images)</media:description>
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        </item>
        <item>
            <title><![CDATA[Central Banks Are Risking Their Independence]]></title>
            <description><![CDATA[The Federal Reserve, European Central Bank and Bank of England all seem willing to take on vexing social challenges. If they aren’t careful, they may end up losing their autonomy.]]></description>
            <link>https://www.bloomberg.com/opinion/articles/2021-08-23/central-banks-are-risking-their-independence-mervyn-king-dan-katz</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Mon, 23 Aug 2021 06:30:27 GMT</pubDate>
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                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/irzdmSCW1zFk/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>Jerome Powell, chairman of the U.S. Federal Reserve, arrives for a Senate Banking Committee hearing in Washington, D.C., U.S., on Thursday, July 15, 2021. Powell said yesterday the U.S. economic recovery still hasn&apos;t progressed enough to begin scaling back the central bank&apos;s massive monthly asset purchases.</media:description>
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        </item>
        <item>
            <title><![CDATA[Quantitative Easing Is a ‘Dangerous Addiction’]]></title>
            <description><![CDATA[A new report spells out the risks. Central banks should take note.]]></description>
            <link>https://www.bloomberg.com/opinion/articles/2021-07-20/quantitative-easing-is-a-dangerous-addiction</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Tue, 20 Jul 2021 05:00:25 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i.l_pH9Bj7Zw/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i.l_pH9Bj7Zw/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>QE is no cure-all.</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[Make No Mistake, the Risk of Inflation Is Real]]></title>
            <description><![CDATA[For the first time in decades, two forces have converged — excessive stimulus and weakened political resistance.]]></description>
            <link>https://www.bloomberg.com/opinion/articles/2021-06-07/make-no-mistake-the-risk-of-inflation-is-real-mervyn-king</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Mon, 07 Jun 2021 05:00:18 GMT</pubDate>
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                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iWI8DkPVlExo/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>A &apos;Help Wanted&apos; sign is posted beside Coronavirus safety guidelines in front of a restaurant in Los Angeles, California on May 28, 2021. - Following over a year of restrictions due to the coronavirus pandemic, many jobs at restaurants, retail stores and bars remain unfilled, despite California&apos;s high unemployment rate, causing some owners to fear they will not be able to fully reopen by the June 15th date California has given for a full reopening of the economy. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)</media:description>
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        </item>
        <item>
            <title><![CDATA[The Looming Test for Central Bank Independence]]></title>
            <description><![CDATA[Imagine “Yellen,” the musical.]]></description>
            <link>https://www.bloomberg.com/opinion/articles/2021-03-01/mervyn-king-on-powell-yellen-and-central-bank-independence</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Mon, 01 Mar 2021 05:01:01 GMT</pubDate>
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                <media:description>ATLANTA, GA - JANUARY 04: (L-R) Neil Irwin of the New York Times leads Federal Reserve Chair Jerome Powell and former Chair of the Federal Reserve Janet Yellen during a panel discussion at the American Economic Association conference on January 4, 2019 in Atlanta, Georgia. Following a strong December jobs report, the Dow Jones Industrial Average rose 350 points at the open on Friday morning. In a television interview on Friday morning, National Economic Council Director Larry Kudlow said he believes there is &apos;no recession in sight.&apos; (Photo by Jessica McGowan/Getty Images)</media:description>
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        </item>
        <item>
            <title><![CDATA[The Case for Post-Pandemic Pessimism]]></title>
            <description><![CDATA[Monetary and fiscal stimulus won’t restore a healthy world economy.]]></description>
            <link>https://www.bloomberg.com/opinion/articles/2021-02-22/mervyn-king-the-case-for-post-pandemic-pessimism</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Mon, 22 Feb 2021 05:01:02 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iwtMgtCbb5S8/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
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                <media:description>It might not come back.</media:description>
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        </item>
        <item>
            <title><![CDATA[The Debate About Stimulus Is Missing the Point]]></title>
            <description><![CDATA[This is not a normal recession, and a conventional stimulus isn’t what’s needed.]]></description>
            <link>https://www.bloomberg.com/opinion/articles/2021-02-15/mervyn-king-says-the-debate-about-stimulus-is-missing-the-point</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Mon, 15 Feb 2021 07:30:12 GMT</pubDate>
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                <media:description>NEW YORK, NEW YORK - DECEMBER 22: The Broadway theater district in Manhattan stands mostly empty and closed as Covid-19 restrictions keep performances closed on December 22, 2020 in New York City. The $900 billion coronavirus relief stimulus package offers some hope to beleaguered theaters and performers with the Save Our Stages Act. The act will provide $15 billion for independent venues as well as Broadway theaters, comedy clubs and other venues and will be included in the relief package. (Photo by Spencer Platt/Getty Images)</media:description>
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        </item>
        <item>
            <title><![CDATA[The Biggest Covid Mistake Was Avoidable]]></title>
            <description><![CDATA[False certainty convinces nobody and soon erodes trust.]]></description>
            <link>https://www.bloomberg.com/view/articles/2020-12-15/mervyn-king-on-governments-biggest-covid-mistake</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Tue, 15 Dec 2020 06:30:19 GMT</pubDate>
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                <media:description>LONDON, ENGLAND - DECEMBER 14: Coronavirus protesters are seen outside the Houses of Parliament on December 14, 2020 in London, England. On Tuesday night, Dec 1, MPs voted in favour of government proposals to enter England into a tiered system of lockdown beginning at midnight. Residents of Tier Two - High Alert can socialise with anyone they live with or who is in their support bubble in any indoor setting, whether at home or in a public place. Outdoors they must observe the rule of six. Pubs and bars must close, unless operating as restaurants. Hospitality venues can only serve alcohol with substantial meals and must close between 11pm and 5am with last orders called at 10pm. Organised indoor sport, physical activity and exercise classes will be permitted if it is possible for people to avoid mixing with people they do not live with. Schools remain open. (Photo by Peter Summers/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[Fiscal Policy During and Beyond the Covid Crisis]]></title>
            <description><![CDATA[This time really is different.]]></description>
            <link>https://www.bloomberg.com/view/articles/2020-12-04/mervyn-king-on-covid-fiscal-policy-and-the-recession</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Fri, 04 Dec 2020 06:30:30 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ixlCEnu058mQ/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ixlCEnu058mQ/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>MANCHESTER, ENGLAND - DECEMBER 02: A woman walks past COVID-19 signage displayed on the Arndale in the city centre as Manchester enters Tier 3 on December 02, 2020 in Manchester, England. Last night MPs voted in favour of government proposals to enter England into a tiered system of lockdown beginning at midnight. Areas in Tier Three - &apos;Very High Alert&apos; - sees people not able to meet socially indoors or outdoors with anybody they do not live with or have formed a support bubble with. Hospitality settings, such as bars, pubs, cafes and restaurants must close except for takeaway, delivery and click and collect services. Schools remain open. (Photo by Anthony Devlin/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[The Perils of Meritocracy]]></title>
            <description><![CDATA[For a divided West, income equality matters — but so too does equality of dignity and respect.]]></description>
            <link>https://www.bloomberg.com/view/articles/2020-10-27/mervyn-king-on-the-perils-of-meritocracy</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Tue, 27 Oct 2020 08:00:15 GMT</pubDate>
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                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i0mX5pAAuFos/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>CAMBRIDGE, MASSACHUSETTS - APRIL 22: A general view of Harvard University campus is seen on April 22, 2020 in Cambridge, Massachusetts. Harvard has fallen under criticism after saying it would keep the $8.6 million in stimulus funding the university received from the CARES Act Higher Education Emergency Relief Fund in response to the COVID-19 (coronavirus) pandemic. (Photo by Maddie Meyer/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[Will the Fed’s New Approach Make Any Difference?]]></title>
            <description><![CDATA[The framework for monetary policy matters less than understanding what’s happening in the economy.]]></description>
            <link>https://www.bloomberg.com/view/articles/2020-09-09/mervyn-king-on-the-fed-s-new-approach-to-inflation</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Wed, 09 Sep 2020 10:00:44 GMT</pubDate>
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                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iTbBEd6imby8/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>Jerome Powell, chairman of the U.S. Federal Reserve, speaks during the Jackson Hole economic symposium seen on an iPhone in Tiskilwa, Illinois, U.S., on Thursday, Aug. 27, 2020. This year investors can listen directly during the Federal Reserve Bank of Kansas City&apos;s annual event because it will be conducted virtually due to the coronavirus pandemic and streamed live to the public for the first time.</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[The Perils of Bogus Quantification]]></title>
            <description><![CDATA[Scientific advice can guide government policy, but shouldn’t dictate it.]]></description>
            <link>https://www.bloomberg.com/view/articles/2020-04-23/science-can-t-dictate-coronavirus-policy</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Thu, 23 Apr 2020 05:00:10 GMT</pubDate>
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                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iasw8MtZkYSI/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>A man wearing a blindfold picking out a name in a telephone directory circa 1950&apos;s. (Photo by Keystone View/FPG/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[The City of London Needs Equivalence — With New York]]></title>
            <description><![CDATA[The transatlantic partnership offers a better hope for future regulation than tying the City of London to an EU model.]]></description>
            <link>https://www.bloomberg.com/view/articles/2020-03-06/mervyn-king-city-of-london-should-align-with-new-york-not-eu</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Fri, 06 Mar 2020 06:30:21 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/imx2ltaQ1MDs/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/imx2ltaQ1MDs/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>NEW YORK - SEPTEMEBER 14: Boris Johnson (R) the mayor of London, speaks with James Denaro, a trader on the floor of the New York Stock Exchange prior to ringing the closing bell at the end of trading day on September 14, 2009 in New York City. Johnson has been promoting tourism to London around New York City with stops at the 5th avenue Disney Store, the NASDAQ exchange, and the Broadway show &quot;Billy Elliot.&quot; (Photo by Ramin Talaie/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[Paul Volcker Was a Remarkable Public Servant]]></title>
            <description><![CDATA[His courage and integrity stand as an inspiration.]]></description>
            <link>https://www.bloomberg.com/view/articles/2019-12-09/paul-volcker-was-a-remarkable-public-servant-says-mervyn-king</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Mon, 09 Dec 2019 17:55:24 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iH21H8KNYwak/v1/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iH21H8KNYwak/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>NEW YORK, NY - JUNE 17: Former Chairman of the Federal Reserve Paul Volcker, visits FOX Business Network&apos;s &quot;CAVUTO: Coast To Coast&quot; at FOX Studios on June 17, 2015 in New York City. (Photo by Monica Schipper/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[Economics Needs a Post-Crash Revolution]]></title>
            <description><![CDATA[The Great Depression produced political turmoil and a new approach to economic policy. This time, we’ve got the turmoil but not the rethink.]]></description>
            <link>https://www.bloomberg.com/view/articles/2019-10-27/economics-revolution-needed-to-fix-great-stagnation</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Sun, 27 Oct 2019 08:00:24 GMT</pubDate>
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                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iDrpCjNszfMM/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>circa 1930: Unemployed men marching along the Thames embankment, carrying a banner reading &apos;Organise or Starve&apos;. (Photo by Topical Press Agency/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[What’s the Point of the Economics Nobel?]]></title>
            <description><![CDATA[The evidence of 50 years says the discipline’s at its best when framing questions and offering insights — not delivering solutions.]]></description>
            <link>https://www.bloomberg.com/view/articles/2019-10-09/nobel-prize-in-economics-marks-50th-anniversary-as-a-top-honor</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Wed, 09 Oct 2019 05:00:02 GMT</pubDate>
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                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ijw5eaWIGvnY/v1/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel laureate Bengt Holmström (center L) from Finland receives the Nobel Prize in Physics by King Carl XVI Gustaf of Sweden during the award ceremony during the Nobel Price Award Ceremony at the Stockholm Concert Hall on December 10, 2016 at the Stockholm Concert Hall. Nobel laureates are honoured every year on December 10 -- the anniversary of the death of prize&apos;s founder Alfred Nobel, a Swedish industrialist, inventor and philanthropist. / AFP / SOREN ANDERSSON (Photo credit should read SOREN ANDERSSON/AFP/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[Europe Must Learn From the Greek Tragedy]]></title>
            <description><![CDATA[The task facing Greece’s new government is harder than it needed to be, and Europe is partly to blame. ]]></description>
            <link>https://www.bloomberg.com/view/articles/2019-07-11/mervyn-king-on-europe-s-part-in-greece-s-downfall</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Thu, 11 Jul 2019 04:01:53 GMT</pubDate>
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                <media:description>Greece’s new prime minister, Kyriakos Mitsotakis, surveys the wreckage.</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[How Brexit Broke British Politics]]></title>
            <description><![CDATA[A second referendum won’t fix the problem. A general election might.]]></description>
            <link>https://www.bloomberg.com/view/articles/2019-05-30/mervyn-king-on-how-brexit-broke-british-politics</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Thu, 30 May 2019 04:00:13 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i9OBLxMtU9Qk/v2/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
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                <media:description>The political establishment gave Farage and his Brexit insurgents their opening.</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[May’s Brexit Deal Is a Betrayal of Britain]]></title>
            <description><![CDATA[If the U.K. parliament supports her plan, it will never be forgiven.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-12-04/mervyn-king-says-may-s-brexit-deal-is-a-betrayal</link>
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            <category><![CDATA[world]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Tue, 04 Dec 2018 05:25:05 GMT</pubDate>
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                <media:description>BUENOS AIRES, ARGENTINA - NOVEMBER 30: British Prime Minister Theresa May gestures during the opening day of Argentina G20 Leaders&apos; Summit 2018 at Costa Salguero on November 30, 2018 in Buenos Aires, Argentina. (Photo by Amilcar Orfali/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[Where Does the ECB Go From Here?]]></title>
            <description><![CDATA[Europe's central bank is an unavoidably political organization.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-04-16/where-does-the-ecb-go-from-here</link>
            <guid isPermaLink="true">https://www.bloomberg.com/view/articles/2018-04-16/where-does-the-ecb-go-from-here</guid>
            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mervyn King]]></dc:creator>
            <pubDate>Mon, 16 Apr 2018 06:00:11 GMT</pubDate>
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                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i2s3CbkE9qlA/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>Jens Weidmann, president of the Deutsche Bundesbank, speaks during a Bloomberg Television interview following news conference to announce the German central banks annual report in Frankfurt, Germany, on Tuesday, Feb. 27, 2018. Germanys Bundesbank increased the money it puts aside to cover any losses when the European Central Bank starts to raise interest rates. Photographer: Alex Kraus/Bloomberg via Getty Images</media:description>
            </media:content>
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