Dr. Rick C. Ernst
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Competitive Devaluation

How long can an artificial rally last?
www.chinavestor.com

But the advance was limited to countries that entered the so called “competitive devaluation” race where diluting the monetary base reached record highs. NL_201401_1. The Shanghai Composite Index (SHA:000001) lost 6.7% at the same time, contrary to …

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US dollar to dominate as spectre of 1914 returns
www.smh.com.au

Dario Perkins from Lombard Street Research says the US is now more competitive than at any time since the Second World War. America is poised to meet its own consumption, its industries rebounding on cheap energy. Europe will have to … The more that …

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EUROPE: German Tycoons Want The Cake And Eat It Too
www.global-perspectives.info

Also the move makes the Euro more competitive compared to other currencies, in particular to the U.S. dollar, the Japanese yen, and the Chinese yuan. https://www.ecb.europa.eu/stats/exchange/eurofxref/html/eurofxref-graph-usd.en.html. The measure also …

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Just Released: "Venezuela Consumer Electronics Report Q1 2014"
www.sbwire.com

We believe near-recessionary conditions will persist over coming quarters and recent changes announced in Venezuela's management of its currency are not significant enough to reverse the overarching trend towards an official devaluation, which we …

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Great dollar rally of 2014 as Fukuyama's History returns in tooth and claw
www.telegraph.co.uk

Dario Perkins from Lombard Street Research says the US is now more competitive than at any time since the Second World War. America is poised to meet its own consumption, its industries rebounding on cheap energy. Europe will have to … The more that …

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How South Korea Rides Out Emerging-Markets Turmoil
www.bloomberg.com

South Korea rebounded from the most recent recession as exports leaped. Growth has subsided, however, and will probably be held back by the slow recovery in Europe, the slowdown of growth in China, the competitive devaluation of the Japanese yen and …

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Thoughts from the Frontline: Gary Shilling Review and Forecast
countingpips.com

… growing worldwide protectionism including competitive devaluation in Japan, declining real incomes, income polarization, declining union memberships, high unemployment and downward pressure on federal and state and local government spending.

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Argentina Consumer Electronics Report Q1 2014 – New Market Research Report
www.sbwire.com

BMI has warned of the risk of a substantial currency devaluation, which would have an impact on the affordability of IT products and services. Although local PC, TV and mobile phone production in Tierra del Fuego state has expanded rapidly, most of the …

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The Russian economy of supply
vestnikkavkaza.net

However, according to Skorikov, there is a third scenario – devaluation: "When there is a devaluation, the cost of labor falls heavily, many industries are starting to become competitive, the economy of supply begins to produce again cheap goods that …

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