KillerApps Macro: Trade and Foreign Exchange
01/30/15
Prostitution has proven to be an effective hedge against high inflation induced by subsidies and price control in Venezuela.
01/03/13
Chicken feet, long considered a waste product in the US, have become a profit center for the high-volume low-profit US chicken industry in the China export market. But this export trade is not exempted from political whims.
02/24/12
Domestic inflation in China as well as yuan appreciation have boosted the prices of Chinese imports to the US.
02/22/12
Easy money has unintended consequences.
02/22/12
Speculative capital inflows have wreaked havoc in the destination economies.
06/18/10
US multinationals fatten their bottom lines by arbitraging wages, taxes, and regulations across countries.
06/18/10
Countries heavily dependent on exporting manufactured goods must deny their own citizens higher standard of living to maintain their trade surplus in an era of global wage arbitrage.
05/13/10
Over-extended American consumers provided the ultimate market for consumer goods exported from low-wage countries that are willing to sell on credit.
05/13/10
Economic stimulus might end up stimulating foreign economies more than the domestic economy when the US is so dependent on imports.
05/12/10
The dollar as an international reserve currency allows the United States to pile up huge budget and trade deficits as export-surplus countries accumulate dollars for their foreign exchange reserves.
01/23/10
China is tapping US economic stimulus fund to build wind farms in the US.
01/23/10
The Chinese yuan may be under-valued against the US dollar, but yuan revaluation is unlikely to substantially reduce US trade deficit with China.
01/22/10
China’s apparent heavy dependence on exports for its GDP growth conceals the low value-added contents of its exports.
01/21/10
The low interest rates intended to stimulate the recessed US economy after the US housing bust in 2007 – 2009 have inadvertently led to a housing boom in Hong Kong when Hong Kong has to lower its interest rates to defend its dollar peg.
01/21/10
The US dollar has been losing its value as an international reserve currency due to its persistent trade deficits.
02/27/07
To enhance profit, businesses often sell non-interoperable versions of the same products in different markets.
02/08/07
In a buyer's market with many potential sellers, China exacts technology transfers as a condition of entry into its lucrative mass market.
06/22/06
US subsidies to domestic sugar cane and sugar beet growers have resulted in huge collateral damage to domestic industries and overseas producers.
06/25/04
U. S. shrimpers use anti-dumping protection to resist competitive pressure from more efficient Asian shrimp farmers and to gain de facto subsidy.
08/30/01
American companies are increasingly outsourcing back-office and software design work to highly skilled but lower-cost English-speaking foreign workers.