Browsing Tag

internal devaluation

The Currency Trilemma

Morgan Stanley has an interesting piece out today, arguing there is  no 'currency war'... yet. Win Thin made some points on this score yesterday, pointing to real effective exchange rates in developing countries. Morgan Stanley's Manoj…

Who Wins?

by Michael Hudson, President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of…

Bubble Trouble In Finland?

by Edward Hugh According to an intriguing article I read in Bloomberg recently an alert signal has been sounded due to the fact that house prices in the Scandinavian countries have been rising very rapidly of late. Judging by what they…

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