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
car
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.
-Mohamed El-Erian
strength
Other Authors to Explore
Iggy Pop
Tony Blair
Georgia Jagger
Peter Agre
Daniel Baldwin
Michelle Obama
Pierre-Joseph Proudhon
Samuel Alito
View All Authors