nakedempire


The American Empire in a Changing World



Pages

Friday, March 2, 2012

''Brazil slams rich countries over "currency war"

"Brazilian President Dilma Rousseff slammed rich nations on Thursday for unleashing a "tsunami" of cheap money that threatened to "cannibalize" poorer countries such as her own, forcing them to act to protect struggling local industries.
Rousseff's words amounted to some of the highest-profile criticism to date of efforts by the European Central Bank, the Bank of Japan and others to spur their economies through low interest rates and cheap loans."

No comments:

Post a Comment