In general, the greatest business opportunities lie in the big emerging economies, which include Bangladesh, China, India, Indonesia, Russia, and Turkey.
These economists' basic premise is that Europe's depressed economies, which include not just Greece, but Spain, Portugal, Ireland and Italy, would benefit tremendously from a cheaper currency.
"It's about creating job opportunities, youth training and contributing to local economies — which includes potential investments in these economies by owners of such yachts".
Coordinated action might be left to the Group of 20 industrial and emerging economies, which includes China and has started to eclipse the G-7 in influence.
On Tuesday, the Group of 7 advanced economies, which includes Japan, pledged to let markets determine the value of their currencies.
Foreigners, including The Economist, have praised his structural reforms of the economy, which include an historic measure to open up energy to private investment (see article).
The British chancellor, George Osborne, used his budget on Wednesday to highlight the external risks to the British economy, which include China.
A pessimistic reading is that the negative forces impacting the Chinese economy, which include the bursting of a stock-market bubble, a huge debt burden, and slowing growth in some of the country's trading partners, are threatening to overwhelm Beijing's efforts to stabilize things.
Its previous efforts to stimulate the economy, which include becoming the first big central bank to impose negative interest rates, have been inadequate.The deployment of QE in America and Britain involved an element of "shock and awe", since financial markets were unfamiliar with the new measure when it was introduced in both countries.
However, in both his letter to the chancellor and the inflation report, Mr Carney outlines the risks to the economy, which include deflation being more persistent than forecast.
Rising oil prices could hurt the fragile global economy, which includes economists' other big worry: Europe.
