Every social organisation which is rooted in life still lasts a long time, even after the conditions from which it drew its strength have changed in a manner unfavourable to it. – Karl Radek
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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
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