Bernanke's Evil Peruvian Clone Gets Serious About FX Intervention, As Country Shuts Down Border With Revolutionary Ecuador
After buying $200 million in the last two days, tiny little Peru is starting to show some serious resolve: over the past three days the small country has bought almost $400 million in USD. Considering that Japan's vaunted intervention was only 5 times larger, perhaps Peru does mean business after all. And adding to the overall confusion in Peru, is that the fact that it has just closed off its border with Latin American neighbor, which just had a military coup. After recent news about the Fed's criminal activity, one wonders how much it would cost to import some Ecuadorians in America: apparently this country's citizens' natural response to endless rape is just asking for more of the same.
Clip from tourist-friendly Honduras below. One wonders how much worse it would be if it that country's Central Bank was pulling the same crap ours does on a daily basis.