NEW YORK - Former president Pervez Musharraf Tuesday called fundamentalist terrorists the greatest threat to stability in the South Asian region and declared that Pakistan, India and Afghanistan represent a nexus of extremism, according to a media report. But, speaking to a large audience at Brown University in Providence, Rhode Island, he rejected the notion that Pakistan supplies arms to Islamic fundamentalists in Afghanistan and said Muslim extremists in India pose a growing threat for the international community. Its quite the opposite. The arms and money flow into Pakistan from Afghanistan, not the other way, he said. Musharraf pointed to the Students Islamic Movement of India as an example of the extremism growing among the Muslim youth in India. There is a sense of frustration ... of unequal opportunity and discrimination in India, he said. Musharraf, in a 45-minute speech about leadership experiences, blamed the current economic crisis in Pakistan on the countrys incumbent leaders. Its not a crisis of nation or people, but a crisis of leadership. Simple as that, Musharraf said of the massive exodus of Pakistani wealth and foreign investment from the country in the past year. But Musharraf did not address the turmoil that ultimately ended his nine-year reign, including his 2007 attempted firing of the sitting Supreme Court chief justice, his subsequent suspension of the constitution, and the assassination of opposition leader Benazir Bhutto, according to The Providence Journal. In his speech and a brief question-and-answer session, Musharraf defended Pakistans development of nuclear arms as a logical response to Indias development of nuclear weapons, but still called for peace between the two longstanding rivals. I am called a man of war, but I am a man of peace because I understand the ravages of war, he said. Military [action] only buys time, it does not deliver the cure. The Journal said there was heightened security on the Brown campus for Musharraf, whose own security detail was bolstered by officials from the US State Department and armed university police. The main auditorium at Salomon Hall was filled to the capacity of about 600 seated, and a nearby overflow room, where the speech was televised, had about 200 additional attendees, the paper said. The speech was organized by a student group, the Brown Lecture Board, which in the past has brought other high-profile speakers to the campus, including filmmaker Oliver Stone, activist Jesse Jackson and Ehud Barak, the former prime minister of Israel. The lecture board declined to release Musharrafs speaking fee, according to the Journal.