“America's downgrade may serve as a wakeup call for its policymakers. It is an unambiguous and loud signal of the country's eroding economic strength and global standing. It renders urgent the need to regain the initiative through better economic policymaking and more coherent governance.”
Quote by Mohamed El-Erian
Author
You May Also Like
“Most people are under exposed to global assets, including foreign stocks, bonds and currencies.”
“The world is on a bumpy journey to a new destination and the New Normal.”
Source: The Age of Deception: Nuclear Diplomacy in Treacherous Times
“I think one country with nuclear weapons is one country too many.”
