We live in a wondrous time in which the strong is weak because of his moral scruples and the weak grows strong because of his audacity. – Otto von Bismarck
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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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