Brazil's new president warns of WW3.

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<p><span>&nbsp; <a rel="nofollow" style="color: rgb(0, 51, 153);" target="_blank" href="http://www.ft.com/cms/s/0/326a6d62-e83d-11df-8995-00144feab49a.html#ixzz14Xqf2lWT"><span class="yshortcuts" id="lw_1289083534_0">http://www.ft.com/cms/s/0/326a6d62-e83d-11df-8995-00144feab49a.html#ixzz14Xqf2lWT</span></a> </span>
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<p>Brazil ready to retaliate for US move in ‘currency war’
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<p>By John Paul Rathbone in London and Jonathan Wheatley in <span style="border-bottom: 2px dotted rgb(54, 99, 136); cursor: pointer; background: none repeat scroll 0% 0% transparent;" class="yshortcuts" id="lw_1289083534_1">São Paulo</span>.Published: <span class="yshortcuts" id="lw_1289083534_2">November 4</span> 2010 18:28 | Last updated: November 4 2010 18:28
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<p><span style="border-bottom: 2px dotted rgb(54, 99, 136); cursor: pointer;" class="yshortcuts" id="lw_1289083534_3">Brazil</span>, the country that <a rel="nofollow" class="yiv538706091bodystrong" title="FT - Brazil in ‘currency war’ alert" target="_blank" href="http://www.ft.com/cms/s/0/33ff9624-ca48-11df-a860-00144feab49a.html"><span class="yshortcuts" id="lw_1289083534_4">fired the gun</span></a> on the so-called “<a rel="nofollow" class="yiv538706091bodystrong" title="FT In depth - Currency wars" target="_blank" href="http://www.ft.com/indepth/currency-wars"><span class="yshortcuts" id="lw_1289083534_5">currency wars</span></a>”, is girding itself for further battle.
<p>Brazilian officials from the president down have slammed the <span class="yshortcuts" id="lw_1289083534_6">Federal Reserve</span>’s decision to depress US interest rates by <a rel="nofollow" class="yiv538706091bodystrong" title="FT - US Fed to pump in extra $600bn" target="_blank" href="http://www.ft.com/indepth/currency-wars"><span class="yshortcuts" id="lw_1289083534_7">buying billions of dollars of government bonds</span></a>, warning that it could lead to retaliatory measures.
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<p>At a joint press conference with <a rel="nofollow" class="yiv538706091bodystrong" title="FT - Rousseff picks her transition lieutenants" target="_blank" href="http://www.ft.com/cms/s/0/38697fba-e774-11df-b5b4-00144feab49a.html"><span class="yshortcuts" id="lw_1289083534_8">president-elect Dilma Rousseff</span></a>, <span class="yshortcuts" id="lw_1289083534_9">outgoing president</span> <span style="border-bottom: 2px dotted rgb(54, 99, 136); cursor: pointer; background: none repeat scroll 0% 0% transparent;" class="yshortcuts" id="lw_1289083534_10">Luiz Inácio Lula da Silva</span> said on Wednesday he would travel to the <a rel="nofollow" class="yiv538706091bodystrong" title="FT In depth - G20" target="_blank" href="http://www.ft.com/indepth/g20"><span class="yshortcuts" id="lw_1289083534_11">G20</span></a> summit in Seoul with Ms Rousseff, ready to take “all the necessary measures to not allow our currency to become overvalued” and to “fight for Brazil’s interests”. “They’ll have to face two of us this time!” he said.Ms Rousseff added: <font size="6"><span style="font-weight: bold;">“The last time there was a series of competitive devaluations. . . it ended in <span style="cursor: pointer; background: none repeat scroll 0% 0% transparent;" class="yshortcuts" id="lw_1289083534_12">world war two</span>.” </span></font>
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There have been many wars fought over economic and fiscal policy. What the Fed is doing is angering many nations.

 

Of course they're angry. The U.S. just exported/dumped a ton of inflation on the heads of everyone else in the world, whether they want it or not.

 

And here I thought the messiah was going to \ get the world to "like" us again?

Oh wait, he is trying, but this is still W's fault.

Hardliners in denial will NEVER admit they drank the koolaid.

 

WW3?

GO LONG! Bet the FARM!!

 

has brazil got nukes? I thought was only G5

usa/UK/france/china/russia

 

well if we are going to go to war Brazil would be a good choice


lol


wtf are they going to do?

 

LOL, wait for us to do something idiotic like we always do...

 

Pakistan, India, and of course Israel so you forgot a few! :eek:

 

we do not need nukes to fight WW3, all that is needed is a proxy country where everyone can commit their forces and kill each other to their heart's content.

Actually i thought Brasil did develop nukes but later gave it up like S.africa