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

Sino-US trade ties sink over spying row
www.atimes.com

Despite the best efforts of politicians, trade relations between the United States and China continue to suffer over issues such as the artificial devaluation of yuan vis-a-vis the US dollar, tariff wars, dumping disputes at the World Trade …

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The Eurozone crisis is not over – it could erupt at any time
www.telegraph.co.uk

… even possible to detect a faint whiff of smugness as emerging markets wobble in response to the Fed's cautious tapering of its money-printing bonanza. Not for Eurozone members the easy option of devaluation and inflation that the likes of India and …

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UFA of the Day: Ryan Callahan
prohockeytalk.nbcsports.com

With the devaluation of the Canadian $$, the cap isn't going to max out as much as the owners had hoped. The Lightning have some RFA's to tie up and a couple UFA's to tie up as well. The Bolts need to get him to under … He has to decide-big bucks …

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Senators urge Obama to prohibit Chinese currency manipulation
americasmarkets.usatoday.com

“China's currency manipulation weakens our economic recovery and makes U.S. exports less competitive, which is why we must combat it with every tool in our toolbox,” the senators wrote in a June 10 letter to the president. The Chinese yuan remains …

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New Market Study, "Tea in Belarus", Has Been Published
www.digitaljournal.com

Boston, MA — (SBWIRE) — 06/11/2014 — The tea market, like coffee, is heavily dependent on imports, with the fallout from the economic crisis and currency devaluation of 2011, tea growth was stymied. Although total volume sales of tea continue …

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Lufthansa Shares Fall After Profit Warning
online.wsj.com

Lufthansa's earnings have also been hit by €60 million due to the devaluation of the Venezuelan Bolivar. "Strong capacity growth by state-owned Gulf carriers was a major concern," Ms. Menne said, adding that they are … Lufthansa now plans to …

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5.5% more depreciation in dollar needed – Byles
jamaica-gleaner.com

5.5% more depreciation in dollar needed – Byles. Published: Wednesday | June 11, 2014 Comments 0. Richard Byles, co-chairman of the Economic Programme Oversight Committee. – File. McPherse Thompson, Assistant Business Editor. There needs to be a …

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Well, what did you expect in a negative rate environment?
ftalphaville.ft.com

What Jenkins fails to mention that much of that growth will now be stolen straight out of the hands of the US by means of competitive devaluation. Make no mistake, there is now a major trade war going on between Europe, the US and to some degree the UK.

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International capital drives up demand and price for UK property
www.ft.com

The devaluation of sterling since the global economic crisis has not only seen British exports become more competitive – it has also made British property cheaper. Buyers whose investment model is priced in Singapore or Hong Kong dollars, for example, …

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