How a nation's balance of payments impacts its currency exchange rate as evidenced by Turkey and other countries. Topics covered include: Show Notes Will Turkey’s new economic officials win over investors?—The Economist As the lira slides, what will Turkey’s central bank do?—The Economist A row between Turkey and Greece over gas is raising tension in the eastern Mediterranean—The Economist Turkey is wielding influence all over the Arab world—The Economist Turkey’s … [Read more...]
218: Is China or the U.S. More Vulnerable?
What are the headwinds facing China that could slow economic growth, but still could lead to China growing faster than the U.S. Also, what is going on with Turkey and are other emerging market countries vulnerable to the same plight? In this episode you’ll learn: What are valuation differences between the U.S. and China..What is a balance of payment crisis.What is driving the current economic crisis is Turkey.What headwinds does China face that make it more vulnerable. Show … [Read more...]
144: Trade Deficits Aren’t Always Bad. Trade Wars Are.
What causes trade deficits and how they can both help and hurt a country's economy. In this episode you'll learn: Show Notes Video of cleaning the beach in Tulum, Mexico Analysis of Trump's Economic Plan by Peter Navarro Gross Domestic Product = Consumption + Investment + Government Spending + Exports - Imports Trump's Trade Chief Makes A Rookie Mistake - Noah Smith Is Peter Navarro Wrong On Trade - Michael Pettis Wonderland: How Play Made the Modern World by … [Read more...]
