Dr. Rick C. Ernst
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Competitive Devaluation

China's Stress Signals: Industrial Metals At Risk, Precious Metals To Shine
www.nasdaq.com

Given industrial output is slowing to 8.6% y-o-y and showing the lowest reading since the aftermath of the 2008 credit crisis, RMB devaluation is going to be critical for exporters already struggling to stay competitive amid double digit wage increases.

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The Clock Is Ticking On A Massive Currency Shift
www.investing.com

The typical path countries want to take is to devalue their currencies to make them cheaper on global markets. That way it takes fewer units of another country's currency to buy a unit of a currency being devalued. That “competitive devaluation” makes …

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Lendemain de "défaite" : les milieux d'affaires s'attendent à une belle pagaille …
www.atlantico.fr

Compte tenu de l'attitude de l'Allemagne, de l'EU, des gouvernements successifs et des patrons, la seule option pour ameliorer la situation est helas de quitter l'Euro ie devaluation competitive affecte tout le monde et attirera les capitaux. Ni la …

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Updated Research Report on Nike
www.zacks.com

Moreover, the company expects its revenue, gross margin and profit growth in fiscal 2015 to be significantly impacted by the recent currency devaluation of developing markets. This wary outlook mirrored in the company's share price as well as the Zacks …

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The Economics of Immiseration, the Politics of Seduction
truth-out.org

The failures of socialist economies lie in their reliance on what is disciplinary in the service of all, command economies that restrain and regulate the full licensing of the Id. In globalized competitive economics, such self-disciplining cannot stand …

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Brazil Fast Food Announces Fourth Quarter and Fiscal Year 2013 Results
www.marketwatch.com

Our operating income and net income were negatively impacted by the rise in the purchase price of some products due to inflationary pressures and currency devaluation as well as aggressive value campaigns at Pizza Hut and KFC restaurants. Operating …

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Most Canadian execs prefer a weaker loonie, survey finds
www.ctvnews.ca

A new survey sponsored by KPMG finds that 65 per cent of Canadian executives think the devaluation of the dollar has been beneficial to the Canadian economy. The 34th C-Suite Quarterly survey polled around 150 executives from … He said the theory …

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Is There Any Gold Left For Central Banks To Buy?
etfdailynews.com

With “competitive devaluation” still the policy-of-suicide for all these governments; this translates into no discipline at all. It's pedal-to-the-metal with all this paper-printing, meaning that all these governments have mountains of 'money' to …

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Virtuous, stronger rupee
www.dawn.com

A stronger rupee would make our exports costlier for foreign buyers and provide an edge to our regional competitors, like producers of textile goods in India and Bangladesh. This seems to be the prevailing view, and it cannot be … Owing to adverse …

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