Dr. Rick C. Ernst
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Competitive Devaluation

Gary Shilling: Review and Forecast
news.goldseek.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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Coca-Cola FEMSA, S.A.B. de C.V. : Fitch Affirms Coca-Cola FEMSA's Ratings at …
www.4-traders.com

The ratings are constrained by the highly competitive nature of the beverage industry, the economic volatility present in its territories, higher debt levels, and the effect of a new MXN1 tax per liter on beverages with sugar content that would have a …

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GARY SHILLING: The World Has Another 4-5 Years Of Crappy Growth Ahead
www.businessinsider.com

… economic output well below potential, globalization of production, growing worldwide protectionism including competitive devaluation in Japan, declining real incomes, income polarization, declining union memberships, high unemployment and downward …

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German Tycoons Want The Cake And Eat It Too – OpEd
www.eurasiareview.com

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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The Rise of the Satellite Generation
www.hindustantimes.com

Some 44 years later, on July 1, 1991, Manmohan Singh, just appointed finance minister to run an economy in the throes of a foreign exchange crunch and high inflation, effected the first of a two-stroke devaluation of the rupee, beginning a long and …

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Toyota: Time to Dump These Vehicles?
wallstcheatsheet.com

In order to strengthen the economy of Japan, Prime Minister Shinzo Abe implemented a series of measures like aggressive quantitative easing by the Bank of Japan, an increase in public infrastructure spending, and the devaluation of the yen. Japan's …

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Barys Zhaliba: New loan for Belarus will end in a year
www.charter97.org

Without it there would be a sharp devaluation and the scenario of 2011 would repeat.” The expert thinks Russia again threw a lifebuoy to Belarus's economy. But the worst … “In other words, we see an intention to eat this money, to spend it on current …

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German Tycoons Want The Cake And Eat It Too
www.indepthnews.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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An exercise in prolonging a banking credit crunch
www.ft.com

How long before the growing band of debtors in primary surplus realise that default and devaluation are in fact a much better option than a decade or more of this, or worse? How is Iceland doing? What state German banks and the German sovereign then …

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