Brazil, Turkey and South Africa will also dislike importing deflation. The greenback’s strength is a necessary condition for the growth cycle to reach its peak, according to MS, due to three main reasons: it is a global solution, it buys time to some economic models to adjust, and it keeps the asynchrony in global economy.
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.
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