“Currency depreciations or crises are caused by substantial misalignments between the real value of the currency and the fundamentals of the country”
It would be great if instead of chocolate, you regularly craved vegetables. And it actually can happen …
The export-oriented economies of Japan and its Asian clients achieved their highest growth when most Chinese were still wearing drab Mao suits.
Companies are so focused on claiming their share of the “value chain” that they’ve lost sight of the needs of the people who are actually supposed to be using these services.
“.. promises are a risky strategy”
“Make the promises you can keep, but you don’t need to exceed them. Just do what you say you’ll do.”
When high-impact roles are filled with those who merely think they’re the best and the brightest, society pays a price.
The president’s response to the Ukraine crisis is just one element of a broader foreign policy approach that is drawing criticism from both opponents and allies who fear the White House is being too tentative in the face of global threats.