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Wednesday, 01/16/2013 6:05:21 AM

Wednesday, January 16, 2013 6:05:21 AM

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Russia says world on brink of currency war.

The world’s leading economies are on the brink of a “currency war” to keep up with Japan and use devaluation to boost their competitiveness, Russia’s central bank said.
“Japan is weakening the yen and other countries may follow,” Bank Rossii First Deputy Chairman Alexei Ulyukayev said at a conference in Moscow today.

http://www.bloomberg.com/news/2013-01-16/world-on-brink-of-currency-war-after-japan-move-russia.html

Harry Truman Quote:

I never gave anybody hell! I just told the truth and they thought it was hell....lol

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