Quote by Mohamed El-Erian
Americas downgrade may serve as a wakeup call for its policymakers

Americas downgrade may serve as a wakeup call for its policymakers. It is an unambiguous and loud signal of the countrys eroding economic strength and global standing. It renders urgent the need to regain the initiative through better economic policymaking and more coherent governance. – Mohamed El-Erian

Other quotes by Mohamed El-Erian

Investors have few spare tires left. Think of the image of a car on a bumpy road to an uncertain destination that has already used up its spare tire. The cash reserves of people have been eaten up by the recent market volatility. – Mohamed El-Erian

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strength
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The men who have guided the destiny of the United States have found the strength for their tasks by going to their knees. This private unity of public men and their God is an enduring source of reassurance for the people of America. – Lyndon B. Johnson

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Rudeness is a weak imitation of strength. – Eric Hoffer

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Naturally we are aware of the strength of our economy and naturally we dont want to downplay it. – Gerhard Schroder

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Humble souls are fearful of their own strength. – William Gurnall

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