An Angry Brazil Calls On US To Change Its Policy Stance

Tyler Durden's picture

Today's preemptive currency war salvo comes courtesy of Brazil's finance minister Guido Mantega.

  • BRAZIL'S MANTEGA CALLS ON U.S. TO CHANGE ITS POLICY STANCE

Hey Guido, join 99% of America. Worst case you can put your Playboy-posing daughter on prime time TV to tell the idiot American public that the Fed is destroying it.

More as we see it.

And here is a gratuitous picture of Marina Mantega. Perhaps now America will finally listen.

 

And here is another

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hedgeless_horseman's picture

99% of America does not even know what America's policy stance is regarding the dollar.

http://www.youtube.com/watch?v=l8BRbM52gpc

SheepDog-One's picture

True, 99% of americans couldnt define 'inflation' or have any what 'QE' is or any of the rest of it....theyre told all is well and prices havent shot up yet so they feel no pain on 99 weeks of unemployment. And thats why the FED and Wall St and govt can get away with what theyre doing. Hell, most americans today feel they WON something by the meet the new boss same as the old boss election!

Sean7k's picture

I think Mariana's breasts are a good example of inflation through quantitative silicone easing. 

FEDbuster's picture

I think Robotrader could post a chart of her growth.

Instant Karma's picture

Got to love Brazil. EWZ for me.

Turd Ferguson's picture

Stop the presses!!

I think I just found my new screen saver.

ZackAttack's picture

Blond spreads are widening.

desgust's picture

EXACTLY my first thought!

Inflated like NYSE!

TheDriver's picture

99% of America does not understand what Federal Reserve Notes are.

Cruel Aid's picture

I found a silver certificate in my wallet one day. It stuck out like a sore thumb. I treasure it today.

Ragnarok's picture

Just tax the shit out of incoming dollars and buy gold. Fuck. Someone give me a job as a BRIC central banker.

cxl9's picture

Brazilian women are hot.

I have nothing further to add to the discussion.

 

gwar5's picture

The hottest.

"HELP" Disco -- Rio? OMFG

swissinv's picture

Gwar, try it with Gloria next time ;)

trav7777's picture

partial to Salvador, myself

swissinv's picture

they are not getting horny with a low USD... Bitchezz

Vergeltung's picture

their percentage of hotness is certainly WAY up there....

gwar5's picture

Jeeez, this is going to get interesting. Why didn't he say something louder before Ben did something?

Too late bro', buy gold or pump more oil

potatomafia's picture

Peter Schiff will be proven right again....  We are flooding the world with dollars, creating distortions everywhere, and eventually they will say FU to the dollar.

 

 

Qoheleth's picture

Sorry, Mantega, we're run by undisciplined children who believe in fairy tales.

Azannoth's picture

If you mean the voting public that youre 100% correct

espirit's picture

Short BennieBux, long physical PM's.

Spalding_Smailes's picture

Would you like some inflation with your coffee ...?

Spartan's picture

Its interesting the markets I track for a European Energy Trader, coal, european power, european gas and carbon (fairly isolated from joe public) are not drinking todays kool aid....

Rick64's picture

And here is a gratuitous picture of Marina Mantega. Perhaps now America will finally listen.

Can she dance? Put her on dancing with the stars then you can reach the U.S. public

Mariposa de Oro's picture

Can she mud wrestle?  Marina+Snookie= 200 Million eyeballs glued to TeeVee....if mud isn't your thing how about coleslaw?  Then you guys cans can fistfight to see who gets to help her clean up.  No towels allowed....

;o>

Clark_Griswold Hedge Mnger's picture

I had a comment to add but lost my train of thought while reviewing the Brazilian Trade,.. "Graph(s)".....?!

doolittlegeorge's picture

That's ADMIRAL Bernanke, MOFO!  (When I'm not "Huggy Bear Bernanke with my honey's and homey's of course.)  Now--"who's gonna play Liberace"?  Originally I was going to cast Warren Buffet as he "testifies before Congresss."  I'm still sticking with that.  I am being serious btw.

knukles's picture

Testicles before Congress? 

vs an army all alone's picture

OK, that will do Tyler I'm moving to Brazil

Shameful's picture

And if you knock one of those fine young ladies up no extradition till the kid is an adult. Or just get citizenship by marring one.

Will say I would love her telling me about monetary policy...hell maybe if she did the TV heads might listen :)

espirit's picture

Guido-

You must not have gotten the memo Ben & Tim released, in short they said "Screw Everybody" except amerikan banksters.

Rick64's picture

Brazil if your angry now just wait 6 months.  Hang in there we have a long way to go.

Bruno the Bear's picture

If I was Guido I'd be following Marina around daily with a shotgun to aim at any male that got within 50 feet of her.

jus_lite_reading's picture

The worst response was from China's Xia and Japan's Shirkawa or whatever the EFF his name is- "The Fed's QE is nothing compared to what we will bring to the table..."

Let the wars begin!

Assetman's picture

What the Fed is doing isn't Quantitative Easing...

... the more apt term is "Quantitative Sleazing".

If China does come to the table with something to counter the Sleazing effect, this is going to end up being more costly than a $600 billion stealth tax increase.

jus_lite_reading's picture

That is why according to my "theory", the situation will be self perpetuating until the last man is standing. At which time, the entire world is thrown in chaos and pandemonium. That being said, I expect a war to break out well in advance of that.

Perhaps those with the least possessions will fare the best! Which brings me back to the simple life of africans and such peoples who will fare much better than lazy americans who can't live 2 hours without a TV remote control or microwavable pizza.

trav7777's picture

yeah, river blindness and dying of malnutrition are much preferred

jus_lite_reading's picture

Funny, but that is not the point. Without technology and advancements in pharmacology, the average american won't last a few days without his "flu shots" and Advil. Please, don't get me started on how many people I know are on 3-4 meds "to keep the alive." Bloodpressure meds, cholesterol meds, antiangina meds etc etc.

 

I'm not advocating moving to Afrika or putting yourself in that situation but rather, cutting back to bare essentials... get ready to do without them.

Sokhmate's picture

I agree. I've cut back to the two bare essentials in my life: good sex and healthy food.

Mariposa de Oro's picture

Well said!  If I'm going to be poor, I'd rather be around people who know how to be poor than a bunch of formerly spoiled but presently shell shocked Americans.  At least experienced poor people know what's important in life.

usexpat's picture

Tyler, could you please dig up a few videos clips from CNBC from earlier this year in which NUMEROUS analysts said the Euro was in freefall and would reach parity with the dollar. They should be shamed too.

jus_lite_reading's picture

Back in 2008, I called the fall of the EURO and said the EURUSD would hit at least 1.20, perhaps 1.10. I didn't know what would happen after that.

 

Now, I have been able to map out the next few months- the EURUSD should rise until the bad news leaks out that Greece is allowed to default, along with Ireland and Portugal. The ECB will say that things "are worse than they expected" and the EURUSD will hit 1.20 once again, until the next round of QE III which I expect to be within 6 months as they STEP up their purchases and the dollar falls to 1,45 again.

Cognitive Dissonance's picture

The upholstered chair is spectacular.