"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."

--

Source : "U.S. Downgrade Heralds a New Financial Era" by Mohamed A. El-Erian, www.huffingtonpost.com. August 6, 2011.

Mohamed El-Erian

#Country Quotes #America Quotes #May Quotes