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Brazil warns of world currency war – Telegraph The world is in an "international currency war" as governments manipulate their currencies to improve their export competitiveness, said Guido Mantega, the Brazilian Finance Minister. (tags: Brazil currency trade_policy forex)

Data Wonks Debut Dizzying Diagram of Flash Crash – MarketBeat – WSJ After slicing the order-flow down to 25 milliseconds, Nanex’s Eric Hunsader says he sees the footprints of the destabilizing practice of quote stuffing. The theory regarding quote stuffing is that it clogs up the quote feeds and allows high frequency traders to profit … Read more

Franc Reaching Dollar Record Means Hungarians Unwind – BusinessWeek Switzerland’s franc, the second- best performing major currency the past six months, is gaining strength from Eastern European homeowners falling behind on their mortgages. (tags: currency Swiss_franc forex)

Trading and Investment Strategy: The New Short: What Steve Eisman's Betting Against Now – CNBC After making the short heard 'round the world with his bet against the subprime mortgage market, Steve Eisman, one of the key players in "The Big Short," now has his crosshairs set on the for-profit education sector. The industry makes … Read more

The Demonization of Barack Obama – It’s Not Just Religion – Valliere, CNBC Propagandists have long believed that if you tell a lie big enough and keep repeating it, people will eventually come to believe it. And thus we see increasing numbers of Americans who believe President Obama is a Muslim, or at least not … Read more

Scripting News: Google vs iPhone and Facebook It's as if Google, not knowing who is winning the war, is fighting it everywhere, just in case it turns out that's where the true enemy is hiding. That's how big rich companies that are scared compete. Everyone needs to get a piece of the battle. (tags: Google … Read more

How to Make an American Job Before It's Too Late: Andy Grove – Bloomberg Clearly, the great Silicon Valley innovation machine hasn’t been creating many jobs of late — unless you are counting Asia, where American technology companies have been adding jobs like mad for years. The underlying problem isn’t simply lower Asian costs. It’s … Read more

California on 'verge of system failure’ – The Globe and Mail Golden State, like many others, is nearly bankrupt and desperately needs a bailout (tags: California bankruptcy economy govt_spending) Gold Prices – Saudis Hoard Twice as Much Gold as Thought – CNBC Analysts believe that central banks could be net buyers of gold this year … Read more

Risk Index Spike Means Carry Trade ‘Sell-off,’ Barclays Says – BusinessWeek A gauge of risk has surged to the highest level in 15 months, signaling investors are reversing strategies of borrowing money in countries with low interest rates to invest in high-yielding assets, Barclays Plc said. (tags: forex trading_strategy carry_trade) A quintuple nine-to-one up day … Read more