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US wages currency war on BRICS

Posted on 09 September 2013

Whilst most of the recent media and political attention has been focused on conflict in Syria, there is another war being waged at the moment. I am not talking about the “currency wars” which captured much attention during the midst of the GFC.
No, I am talking about the war on emerging markets and the so called BRICS nations – Brazil, Russia, India, China and South Africa – which, with the exception of China, have seen some massive capital outflows in recent times………………………………………..Full Article: Source


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VRS - who has written 36221 posts on Opalesque Commodities Briefing.


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