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Brazil launches a new "currency war" against the U.S. and Europe, warning the government won't...

  • Friday, March 2, 2012, 3:04 AM ET
    Brazil launches a new "currency war" against the U.S. and Europe, warning the government won't "sit by passively" as developed nations pursue expansionary monetary policies at Brazil's expense. In response, Brazil is extending a tax on foreign borrowings and threatening further capital controls, but analysts expect the measures to have limited impact.
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    Thed G 19 must continue the war against King Ben . Ben flooded the world and he prints the " reserve". China keeps making headlines as the dump US paper and today Brazil announced another big battle against the dollar ( SA link wouldn't post ?) and the YEN has been weakened ,but, each day the world is getting closer to a reserve drop and that will change the game and the US will be a giant Greece.

    tic tic tic tic
    2 Mar 2012, 03:36 AM Reply Like
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