Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
of Peace, Passion, Profits And Philanthropy.
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Competitive Devaluation

Mining sector resembles a Somme battlefield
www.resourceinvestor.com

The competitive devaluation of currencies has continued at breakneck speed. The Federal Reserve, which should have been setting an example, is leading the charge with its doomed and irresponsible policy of quantitative easing (QE), which is the …

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US debt default: Russia's experience holds a lesson (+video)
www.csmonitor.com

Part of that is due to ruble devaluation, which strengthened domestic industry and made our exports much more competitive. It's true that the economic boom of Vladimir Putin's first two terms in office owe much to rising global prices for oil and gas …

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Housing Market Political Realities
chrisbrown.regen.net

… and therefore economically inefficient, the big advantage of local currencies with floating exchange rates, is that they allow, through gradual devaluation, places to adjust their competitiveness to match their natural competitive advantage or …

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European Media Distort The Lessons Of Argentina's Crisis And Recovery
www.social-europe.eu

It was initially triggered by the devaluation of the peso and the government's stabilisation of the foreign exchange market and domestic prices. This made exports more competitive and, more importantly, imports more expensive. The latter decreased …

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Letta's urgent task is to fix the banks, and this will test his ability to …
www.ft.com

In the past, Italy always depended on currency devaluation as a means to remain competitive. And further undermining Italian competitiveness is the continuous drag on the more productive northern Italy having to subsidize the government waste and …

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Walker's World: Spain's double-edged recovery
www.upi.com

What he means is that since Spain, a member of the eurozone, was unable to devalue its currency it had to become more competitive by holding down wages and driving down costs. This has been achieved, spectacularly so. Spain's unit labor costs have …

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Venezuela Consumer Electronics Report Q4 2013 – New Market Research Report
www.hispanicbusiness.com

[ClickPress, Wed Oct 09 2013 ] The February 2013 devaluation of the bolivar has resulted in a downgrade to our forecast for consumer electronics sales in Venezuela . The devaluation will constrain consumer purchasing power and raise the cost of …

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The Arab Awakening's Aftermath
www.project-syndicate.org

Untargeted fuel subsidies and the public-sector wage bill have increased, crowding out much-needed public investment and relief to poor families, while impeding the development of a dynamic and competitive private sector and limiting new firms' access …

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US debt default: Russia's experience holds a lesson
www.csmonitor.com

Part of that is due to ruble devaluation, which strengthened domestic industry and made our exports much more competitive. It's true that the economic boom of Vladimir Putin's first two terms in office owe much to rising global prices for oil and gas …

2,207
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Save