Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
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Competitive Devaluation

Taper Trouble
www.foreignaffairs.com

The former agreed to assist countries struggling with current account deficits, and the latter to forswear competitive currency devaluation. Today, China is the world's largest creditor, and the United States its largest debtor. Yet both seem unwilling …

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Deep Sea Carriers Attracted to Intra-Asia
www.marinelink.com

… teu were shipped in 2013 by all carriers (including IADA members) between China and South Korea, and between China and Japan (the two highest volume trade lanes within the intra-Asian market), where trade growth was a more subdued 1.5% due partly …

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New Market Report: Argentina Consumer Electronics Report Q3 2014
www.digitaljournal.com

Boston, MA — (SBWIRE) — 06/16/2014 — The short-term outlook for Argentina's consumer electronics market is weakened by economic challenges includin g soaring inflation and devaluation of the peso in January 2014. … Furthermore, the report analyses …

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MercadoLibre In Zona Peligrosa
www.forbes.com

MELI could be forced to lower fees to sellers and boost spending on items like customer support, advertising, and product development in order to stay competitive. Long-term, it is hard to argue for MELI having an ROIC much higher than EBAY's. Figure 2 …

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Gold, Government and Monetary Freedom
blog.heartland.org

From Adam Smith to Milton Friedman, the presumption has been that competitive markets and free consumer choice are far better than government control and planning – except in the realm of money and financial intermediation. They have …. An earlier …

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Lufthansa Cuts Operating Profit Outlook On Weak Revenues; Stock Down – Update
www.nasdaq.com

The firm also attributed the revision to strikes and devaluation of the Venezuelan Bolivar. The company also said it no longer believes to achieve its earnings target for 2015. For fiscal 2014, the company now expects … We are achieving a sustainable …

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Don't Plan to Live Off Your Interest Just Yet
www.moneynews.com

The ECB's negative rate move is aimed less at lending policy than at currency devaluation. Europe needs to make its exports competitive with American, Japanese, Chinese and other countries' products. Devaluing the euro currency is one way to do this.

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IDB notes T&T's inflexible spending
www.guardian.co.tt

“External devaluation can be a good approach for countries where current account deficits have been persistent but may not be appropriate for Caribbean economies because of natural difficulties increasing demand for nontradables,” the IDB said. The …

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Market Report, "Egypt Business Forecast Report Q3 2014", Published
www.digitaljournal.com

A failure to secure external financing (whether through the IMF or bilateral aid) raises the risks of a disorderly devaluation of the Egyptian pound. – Egypt may become stuck in a protracted democratic transition, in which case long-term growth would …

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