Ecuador and the Dollar

Since 2000, the US dollar has been Ecuador’s currency. Could it be that now Ecuador and the dollar might part ways? Many readers have written and voiced concern that Ecuador might stop using the US dollars as its currency and return to a new sucre. This may or...

Financial Experience, Skill and

Financial common sense is important no matter how much financial skill and financial experience one has. This is one reason I enjoy working with Jyske Bank.  They apply great doses of common sense. When the sub prime loan scandal shook the global financial industry...

Ecuador Bond Default

Today, December 15, 2009, we’ll know for sure if Ecuador has defaulted on some of its bonds. Ecuador’s President Rafael Correa threatened to do this once before…and did not. This time I believe he will. This will be good…for many…because...

Ecuador Bond Failure

Ecuador bond failure may create profits in two ways. See below how an Ecuador bond failure might make properties like this hotel (for sale right now) worth more. Many readers have sent me a link to the Bloomberg which says: “Ecuador May Default on $30 Million...