- Confidence
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- Nov 07, 2020
Top 10 Mohamed El Erian Quotes
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- Last Updated on May 30, 2021
- Face
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- Nov 07, 2020
Investors should be cautiously positioned as the global economy and markets face major uncertainties. The downgrade will be a further headwind to growth and job creation in the U.S.
- Problems
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- Nov 07, 2020
For the next three years, we're going to see different economies work out different problems. For European economies, especially Greece, it would be through default.
- Country
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- Nov 07, 2020
It is hard to imagine that, having downgraded the US, S & P will not follow suit on at least one of the other members of the dwindling club of sovereign AAAs. If this were to materialise and involve a country like France, for example, it could complicate the already fragile efforts by Europe to rescue countries in its periphery.
- Country
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- Nov 07, 2020
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.
- Good
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- Nov 07, 2020
If the Scottish people decide to opt for independence, it would not be a good idea for Scotland to maintain a very rigid link to the pound.
- Growth
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- Nov 07, 2020