Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
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'Abenomics' spiel guardedly praised
www.japantimes.co.jp

… the monetary easing steps implemented by the Bank of Japan and the U.S. Federal Reserve, asking what the “exit strategies” of Tokyo and Washington are and pointing to the danger of the competitive currency devaluation they could set off, the …

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New Market Report Now Available: Ukraine Real Estate Report Q3 2013
www.sbwire.com

On the back of stagnating exports, rising import bills, a crippled banking sector and our expectations for a hryvnia devaluation, the outlook for the Ukrainian economy, construction and real estate sector is dim. While the ongoing slowdown in global …

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An unwind in the great Chinese over-invoicing carry-trade?
ftalphaville.ft.com

The CNY at its present level is only supportable by a few clusters of the economy, while the rest need a sizable devaluation to become competitive again. Report Wazoo | June 20 5:15pm | Permalink. Looking at the chart for "Pearls, precious stones and …

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Bond Auctions Fail From Russia to Korea as Brazil Protests Rage
www.bloomberg.com

“The competition for emerging-market bonds has increased and investors will ask for higher yields there.” Russia canceled planned sales of 10 billion rubles ($304 million) of notes this week, citing a lack of demand within an acceptable yield range of …

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Cyclical recovery in US will be positive for markets: Manish Chokhani, Axis …
economictimes.indiatimes.com

So even if I take the instance of the 1990s when we were not particularly a very strong economy, we had that big devaluation from 19 to almost 30 and then we stayed steady at about 31-37 to the dollar for a fairly long period of time before we started …

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Paying the price for having it so good
www.smh.com.au

We can't continue to make cars in Australia if we're not competitive and can't reduce those costs. The unions and the South Australian Premier don't agree. The secretary of the Australian Council of Trade Unions, … This can bring order to the process …

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Responding To The Euro Crisis: A Better Way
www.social-europe.eu

If prices and competitiveness get out of line among countries, there is no way to adjust except competitive deflation. The trouble is that no exercise of thrift or structural reform will restore competitiveness to a … Banks would have to hold …

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Germany's ascendancy over Europe will prove short-lived
www.telegraph.co.uk

This is the same “internal devaluation” policy now being foisted on Italy, Spain and Portugal, but without the tail-wind of a global boom that made it so much easier for Germany. Wage compression is not the same as reform in any case. What Germany has …

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Forget Financial Fair Play, Bayern Need a Chelsea or Man City to Save …
www.insidefutbol.com

But their self-perpetuating domination is bad for sport – the very basis of which rests on competition. Without that, success is meaningless. That is the biggest danger in the years ahead for Bayern Munich – the devaluation of their hard won success …

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