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		<title>Jeff Harbaugh</title>
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		<description><![CDATA[Jeff Harbaugh]]></description>
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			<guid><![CDATA[https://jeffharbaugh.com/iran-as-a-religious-war/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/iran-as-a-religious-war/]]></link>
			<title>Iran as a Religious War</title>
			<pubDate><![CDATA[Thu, 26 Mar 2026 19:00:28 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/it-appears-weve-learned-nothing-about-investing/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/it-appears-weve-learned-nothing-about-investing/]]></link>
			<title>It Appears We&#8217;ve Learned Nothing About Investing.</title>
			<pubDate><![CDATA[Mon, 16 Mar 2026 18:08:19 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/ai-exposure-of-the-u-s-job-market/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/ai-exposure-of-the-u-s-job-market/]]></link>
			<title>AI Exposure of the U.S. Job Market</title>
			<pubDate><![CDATA[Mon, 16 Mar 2026 17:06:15 +0000]]></pubDate>
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					<item>
			<guid><![CDATA[https://jeffharbaugh.com/stock-market-leverage-always-ends-badly/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/stock-market-leverage-always-ends-badly/]]></link>
			<title>Stock Market Leverage Always Ends Badly</title>
			<pubDate><![CDATA[Thu, 16 Oct 2025 17:35:38 +0000]]></pubDate>
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			<title>Home</title>
			<pubDate><![CDATA[Mon, 06 Oct 2025 20:30:50 +0000]]></pubDate>
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			<guid><![CDATA[https://jeffharbaugh.com/20-days-in-maniupol/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/20-days-in-maniupol/]]></link>
			<title>20 Days in Mariupol</title>
			<pubDate><![CDATA[Wed, 10 Dec 2025 21:10:28 +0000]]></pubDate>
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			<guid><![CDATA[https://jeffharbaugh.com/germanys-nuclear-reactors/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/germanys-nuclear-reactors/]]></link>
			<title>Germany&#8217;s Nuclear Reactors</title>
			<pubDate><![CDATA[Tue, 31 Mar 2026 18:42:47 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/lessons-from-tacitus/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/lessons-from-tacitus/]]></link>
			<title>Lessons From Tacitus</title>
			<pubDate><![CDATA[Wed, 04 Mar 2026 17:37:36 +0000]]></pubDate>
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					<item>
			<guid><![CDATA[https://jeffharbaugh.com/only-one-person-in-29-of-u-s-households-note-the-trend/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/only-one-person-in-29-of-u-s-households-note-the-trend/]]></link>
			<title>Only one person in 29% of U.S. Households- Note the Trend</title>
			<pubDate><![CDATA[Thu, 22 Jan 2026 21:19:29 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/the-more-things-change/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/the-more-things-change/]]></link>
			<title>The More Things Change&#8230;..</title>
			<pubDate><![CDATA[Thu, 15 Jan 2026 20:55:25 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/are-you-using-ai-or-being-used-by-it-probably-both/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/are-you-using-ai-or-being-used-by-it-probably-both/]]></link>
			<title>Are You Using AI? Or Being Used By It? Probably Both</title>
			<pubDate><![CDATA[Sat, 21 Feb 2026 18:30:45 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/are-central-banks-enabling-unsustainable-government-deficits-hint-yes/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/are-central-banks-enabling-unsustainable-government-deficits-hint-yes/]]></link>
			<title>&#8220;Are Central Banks Enabling Unsustainable Government Deficits?&#8221; (Hint- Yes)</title>
			<pubDate><![CDATA[Sat, 17 Jan 2026 16:52:33 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/close-to-the-end-of-the-bull-market/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/close-to-the-end-of-the-bull-market/]]></link>
			<title>Close to the End of the Bull Market?</title>
			<pubDate><![CDATA[Sat, 03 Jan 2026 17:54:04 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/when-people-talk-about-invading-cuba-i-remember-this-quote/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/when-people-talk-about-invading-cuba-i-remember-this-quote/]]></link>
			<title>When people talk about invading Cuba, I remember this quote:</title>
			<pubDate><![CDATA[Mon, 02 Feb 2026 19:28:53 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/how-has-investing-become-a-form-of-entertainment/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/how-has-investing-become-a-form-of-entertainment/]]></link>
			<title>How Has Investing Become a Form of Entertainment?</title>
			<pubDate><![CDATA[Fri, 23 Jan 2026 21:39:48 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/energy-consumption-required-for-improved-living-standards/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/energy-consumption-required-for-improved-living-standards/]]></link>
			<title>Energy Consumption Required for Improved Living Standards</title>
			<pubDate><![CDATA[Wed, 07 Jan 2026 19:51:47 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/buy-now-pay-later-and-other-economic-insanity/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/buy-now-pay-later-and-other-economic-insanity/]]></link>
			<title>Buy Now Pay Later and Other Economic Insanity</title>
			<pubDate><![CDATA[Sun, 28 Dec 2025 18:12:54 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/chart-inflation-since-the-fed-was-created/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/chart-inflation-since-the-fed-was-created/]]></link>
			<title>Chart: Inflation Since the Fed Was Created</title>
			<pubDate><![CDATA[Wed, 05 Nov 2025 20:42:00 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/suggested-reading/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/suggested-reading/]]></link>
			<title>Books Worth Your Time</title>
			<pubDate><![CDATA[Sat, 03 Jan 2026 19:12:17 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/extracting-ourselves-from-ukraine-same-as-we-did-in-vietnam/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/extracting-ourselves-from-ukraine-same-as-we-did-in-vietnam/]]></link>
			<title>Extracting Ourselves From Ukraine: Same As We Did in Vietnam</title>
			<pubDate><![CDATA[Tue, 25 Nov 2025 18:32:47 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/resources/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/resources/]]></link>
			<title>Links</title>
			<pubDate><![CDATA[Sun, 09 Nov 2025 18:14:16 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/when-china-starts-to-own-a-whole-supply-chain/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/when-china-starts-to-own-a-whole-supply-chain/]]></link>
			<title>When China Starts to Own a Whole Supply Chain</title>
			<pubDate><![CDATA[Sat, 22 Nov 2025 20:44:37 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/interest-on-our-national-debt/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/interest-on-our-national-debt/]]></link>
			<title>Chart: Interest On Our National Debt</title>
			<pubDate><![CDATA[Tue, 04 Nov 2025 18:22:46 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/changing-role-of-the-u-s-dollar-why-how-with-a-whimper-not-a-bang/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/changing-role-of-the-u-s-dollar-why-how-with-a-whimper-not-a-bang/]]></link>
			<title>Changing Role of the U.S. Dollar: Why, How?  With a Whimper- Not a Bang.</title>
			<pubDate><![CDATA[Mon, 03 Nov 2025 17:13:22 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/whos-paying-the-tariffs/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/whos-paying-the-tariffs/]]></link>
			<title>Who&#8217;s Paying the Tariffs?</title>
			<pubDate><![CDATA[Mon, 13 Oct 2025 18:09:33 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/where-do-we-stand-on-liquidity/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/where-do-we-stand-on-liquidity/]]></link>
			<title>Where Do We Stand on Liquidity?</title>
			<pubDate><![CDATA[Thu, 09 Oct 2025 17:49:44 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/a-little-history-on-presidents-and-the-federal-reserve/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/a-little-history-on-presidents-and-the-federal-reserve/]]></link>
			<title>A Little History on Presidents and the Federal Reserve</title>
			<pubDate><![CDATA[Wed, 27 Aug 2025 18:54:58 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/the-real-impact-of-inflation-and-tariffs/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/the-real-impact-of-inflation-and-tariffs/]]></link>
			<title>The Real Impact of Inflation and Tariffs</title>
			<pubDate><![CDATA[Sun, 28 Sep 2025 17:29:33 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/disruptive-change-when-trying-harder-is-part-of-the-problem/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/disruptive-change-when-trying-harder-is-part-of-the-problem/]]></link>
			<title>“Disruptive Change- When Trying Harder is Part of the Problem.”</title>
			<pubDate><![CDATA[Sun, 24 Aug 2025 19:52:18 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/from-1728-this-quote-on-the-relationship-between-banks-and-government-might-sound-familiar/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/from-1728-this-quote-on-the-relationship-between-banks-and-government-might-sound-familiar/]]></link>
			<title>From 1728, this quote on the relationship between banks and government might sound familiar.</title>
			<pubDate><![CDATA[Sun, 24 Aug 2025 19:45:50 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/what-about-brands/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/what-about-brands/]]></link>
			<title>What About Brands?</title>
			<pubDate><![CDATA[Sun, 24 Aug 2025 19:31:36 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/the-end-of-pax-britannica/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/the-end-of-pax-britannica/]]></link>
			<title>The end of Pax Britannica</title>
			<pubDate><![CDATA[Sun, 14 Sep 2025 22:55:53 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/the-downsizing-of-america-kraft-heinzs-breakup-is-just-the-beginning/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/the-downsizing-of-america-kraft-heinzs-breakup-is-just-the-beginning/]]></link>
			<title>The Downsizing of America: Kraft Heinz’s Breakup Is Just the Beginning</title>
			<pubDate><![CDATA[Mon, 08 Sep 2025 18:37:51 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/articles-that-make-you-think/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/articles-that-make-you-think/]]></link>
			<title>Articles Worth a Read</title>
			<pubDate><![CDATA[Sun, 24 Aug 2025 16:08:21 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/short-takes-charts-graphs-quotes/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/short-takes-charts-graphs-quotes/]]></link>
			<title>Short Takes: Charts, Graphs, Quotes</title>
			<pubDate><![CDATA[Wed, 20 Aug 2025 20:32:26 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/market-watch-column/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/market-watch-column/]]></link>
			<title>The Market Watch Column</title>
			<pubDate><![CDATA[Wed, 20 Aug 2025 18:41:32 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/historical-tariff-rates-in-the-u-s/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/historical-tariff-rates-in-the-u-s/]]></link>
			<title>Historical Tariff Rates in the U.S.</title>
			<pubDate><![CDATA[Thu, 31 Jul 2025 17:59:57 +0000]]></pubDate>
		</item>
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			<guid><![CDATA[https://jeffharbaugh.com/subscribe/]]></guid>
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			<title>Subscribe</title>
			<pubDate><![CDATA[Thu, 31 Jul 2025 17:00:02 +0000]]></pubDate>
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			<guid><![CDATA[https://jeffharbaugh.com/contact-form/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/contact-form/]]></link>
			<title>Contact Form</title>
			<pubDate><![CDATA[Sun, 03 Aug 2025 22:20:12 +0000]]></pubDate>
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					<item>
			<guid><![CDATA[https://jeffharbaugh.com/how-did-we-find-ourselves-at-war-with-iran-best-article-ever/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/how-did-we-find-ourselves-at-war-with-iran-best-article-ever/]]></link>
			<title>How Did We Find Ourselves at War With Iran?  Best Article Ever.</title>
			<pubDate><![CDATA[Sat, 07 Mar 2026 17:37:26 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/inside-the-relentless-race-for-ai-capacity/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/inside-the-relentless-race-for-ai-capacity/]]></link>
			<title>Inside the Relentless Race for AI Capacity</title>
			<pubDate><![CDATA[Sat, 02 Aug 2025 16:47:48 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/the-reality-of-american-manufacturing/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/the-reality-of-american-manufacturing/]]></link>
			<title>The Reality of American Manufacturing</title>
			<pubDate><![CDATA[Mon, 28 Jul 2025 17:13:35 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/future-history-whats-the-price-of-success/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/future-history-whats-the-price-of-success/]]></link>
			<title>Future History; What&#8217;s the Price of Success</title>
			<pubDate><![CDATA[Fri, 27 Jun 2025 23:01:30 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/just-who-are-we-anyway-perceptions-of-market-and-industry-evolution/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/just-who-are-we-anyway-perceptions-of-market-and-industry-evolution/]]></link>
			<title>Just Who Are We Anyway? Perceptions of Market and Industry Evolution</title>
			<pubDate><![CDATA[Fri, 27 Jun 2025 23:00:33 +0000]]></pubDate>
		</item>
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			<guid><![CDATA[https://jeffharbaugh.com/contact/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/contact/]]></link>
			<title>Contact</title>
			<pubDate><![CDATA[Fri, 15 Aug 2025 17:42:50 +0000]]></pubDate>
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					<item>
			<guid><![CDATA[https://jeffharbaugh.com/building-a-business-issues-for-would-be-skate-entrepreneurs/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/building-a-business-issues-for-would-be-skate-entrepreneurs/]]></link>
			<title>Building a Business; Issues for Would be Skate Entrepreneurs</title>
			<pubDate><![CDATA[Fri, 27 Jun 2025 23:00:12 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/news-from-the-north-lessons-for-the-snowboard-industry-from-canadian-resorts/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/news-from-the-north-lessons-for-the-snowboard-industry-from-canadian-resorts/]]></link>
			<title>News from the North; Lessons for the Snowboard Industry from Canadian Resorts</title>
			<pubDate><![CDATA[Fri, 27 Jun 2025 22:59:17 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/life-in-the-real-world-hoisted-by-my-own-petard/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/life-in-the-real-world-hoisted-by-my-own-petard/]]></link>
			<title>Life in the Real World; Hoisted by My Own Petard</title>
			<pubDate><![CDATA[Fri, 27 Jun 2025 22:58:45 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/hung-over-jet-lagged-and-sleep-deprived-a-view-of-the-industry-from-37000-feet/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/hung-over-jet-lagged-and-sleep-deprived-a-view-of-the-industry-from-37000-feet/]]></link>
			<title>Hung Over, Jet Lagged, and Sleep Deprived; A View of the Industry from 37,000 Feet</title>
			<pubDate><![CDATA[Fri, 27 Jun 2025 22:57:38 +0000]]></pubDate>
		</item>
					<item>
			<guid><![CDATA[https://jeffharbaugh.com/the-iran-war-belongs-to-trump-now-check-for-slippery-slopes/]]></guid>
			<link><![CDATA[https://jeffharbaugh.com/the-iran-war-belongs-to-trump-now-check-for-slippery-slopes/]]></link>
			<title>The Iran War Belongs to Trump Now.  Check  for Slippery Slopes.</title>
			<pubDate><![CDATA[Fri, 13 Mar 2026 02:12:45 +0000]]></pubDate>
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