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Brazil announced a currency war in Europe and the United States

Sasquatch

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People, March 24 Spain Uprising newspaper “Today Raul Zi Beiqi entitled” Brazil announced that the article on Europe and the U.S. currency war “, said Brazilian President Rosoff have been complaining about the European and expansionist monetary policy in the United States, the currency “tsunami” damage to the industry of the emerging countries. She was opposed to the speculative economic policies implemented by the German Chancellor, warned that Brazil is a sovereign economy, and therefore will take all measures to protect their own.

March 5, 2009 Rosoff, President meeting with German Chancellor Angela Merkel a little nervous and not cordial. Rosoff’s purpose is to show that the center countries are taking protectionist measures in order to artificially protect the market. She exhorted the German Chancellor, the developed countries not to implement the monetary policy of expansionism, and implementation of the expansion of investment policy, because it will increase domestic demand.

Mantega, Brazilian Finance Minister Quito,

in Germany, the Senate Economic Affairs Committee, said that if Brazil do not take measures to avoid the Real (Brazilian currency) appreciation, and its parity could fall $ 1 dollar to 1.4 reais (today fell to $ 1 exchange 1.8 reais), Brazil’s industry will go bankrupt, there will be no race conditions, can not export anything. Countries of the North $ 9 trillion into the economy, is considering the face of the devaluation of its currency, a currency war, Brazil can not play the role of the fool.

to Brazil’s main measures from outside the central bank acquisition of U.S. dollars, is to improve the financial transactions tax, less than five years has increased from 2% to 6%. Want to get the loans over the five-year investment is more healthy. Mantega announced measures to deepen the promotion of industrial and export. He heard the news, “Financial Times” as a spokesman for the international financial capital that Brazil declared war on foreign exchange in the United States and Europe, and the results of the current policy of large-scale trade war issued a warning.

into the foreign exchange wartime government in Brazil, the White House to suspend Brazilian Airlines won the bid to the U.S. Air Force to sell 20 Super Tu Kanuo fighter contract (worth $ 355 million). Brazil following the wave due to Airbus after the world’s third largest civil aircraft company, if it is selected for the world’s leading group of the Air Force suppliers, will consolidate into one of the military aviation industry, but this year only included 100 of the world’s military list, ranked at 94.

Rosoff President Washington a few weeks before an official visit to the Brazilian Ministry of Foreign Affairs did not hide its displeasure, especially when and how to choose the White House. The Brazilian Ministry of Foreign Affairs that this decision does not help to deepen bilateral relations in the field of defense. This year, Brazil will decide to purchase 36 of the latest generation of fighter-bombers, France La Falai and Boeing, two optional. Brazil partial Ailafalai past, despite the expensive, because France to ensure complete transfer of technology, which is without precedent in the military sector.

2009 former Brazilian President Luiz Inacio Lula da Silva signed a military cooperation agreement, Brazil began the construction of conventional submarines and nuclear submarines and military helicopters, to postpone the purchase of fighter time. This agreement will become Brazil for the military industrial powers and become one of the country able to produce nuclear submarine and the fifth-generation fighter. Washington unhappy.

President

Rosoff said that developed countries want to the annexation eat in emerging countries, we will not be allowed in the military field. Dana multi-General of the Brazilian armed forces chief of staff, said March 20 that no conflict in South America. We can deal with a crisis on our borders, we will quickly mobilize the army to resolve the crisis. He said that the continent is rich in oil, water resources, food production and biodiversity, Brazil’s role is to contribute in the process of persuasion in the continent against the greed of a foreign country. Obviously, when a decision to enter a currency wartime such a large country like Brazil, is because it has been ready for all areas respond to the results.

another thing in the region are trying to go a few days ago the number of political, economic and financial convergence. The ongoing currency war just ahead of the world into trade blocs, will begin to the end of the friction of protectionism. South American countries may begin at any time to discuss a common currency, because one is seeking the alternative currency and the increasingly unstable world, the need to protect themselves.
 
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The Brazilian Real was a victim of the dollar and Euro for the past few years and the leaders are still steaming mad.
 
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another thing in the region are trying to go a few days ago the number of political, economic and financial convergence. The ongoing currency war just ahead of the world into trade blocs, will begin to the end of the friction of protectionism. South American countries may begin at any time to discuss a common currency, because one is seeking the alternative currency and the increasingly unstable world, the need to protect themselves.

They are talking about Latin American Union, again smaller less powerful countries teaming up to confront the big bully's. Way to go, go UNASUR and go Latin American Union.:tup:
 
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