Tuesday, September 28, 2010

Even Brazil has seen it.

Brazil warns of world currency 'war': report

The world is in the grip of a currency "war", with leading nations using devaluation to solve economic problems, Brazilian Finance Minister Guido Mantega has warned in remarks reported from Sao Paulo.

Posted by mark @ 04:20 PM (1139 views)
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4 thoughts on “Even Brazil has seen it.

  • general congreve says:

    Yay, GOLD!!!

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  • Problem, reaction, solution…..We need a world currency. We demand it.

    Yawn… The same old and worn out technique and yet the masses fall for it everytime.

    God, please beam me up now. I can’t bear the ignorance any longer.

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  • The bar stewards, they’re just making everyone poorer who doesn’t have a index linked salary and savings

    At least I can retain some of my value in Au and Ag, before the mania phase starts and I need to sell.

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  • slartibartfast says:

    So [some] principle countries are mis-directing their stimulus spending and lowering the value of their currencies.

    The lackey of wall street, the IMF is warning countries to run an austerity budget.

    How f&*^ing stupid can you be?

    I pity the poor sods locked in the Euro running an austerity budget it’s buggery. Too painful to watch.

    David is lifting his shirt tails.

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