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Today's Reports Confirm That, Unfortunately, Post-crisis America Is Still Not Back To Its Good Economic Self.
-Mohamed El-Erian
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Today's Reports Confirm That, Unfortunately, Post-crisis America
Mohamed El-Erian
Today's Reports Confirm That, Unfortunately, Post-crisis America Is Still Not Back To Its Good Economic Self.
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Self
America
Today
More From Mohamed El-Erian
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.
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The Theory Is That If You Take Interest Rates Negative, People Are Going To Say, "that's A Silly Game! I'm Not Going To Lend My Money To Governments Who Want Me To Pay Them. I Am Going To Go Into The Stock Market Where I Can Get Positive Returns!"
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Today's Reports Confirm That, Unfortunately, Post-crisis America Is Still Not Back To Its Good Economic Self.
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America
Today
Investors Have To Ask Themselves Two Questions. How Much Can We Grow Our Investments? And, Can We Afford Our Mistakes?
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As We Spend More, And As Companies Are Pushed To Invest, They Say, "hey Wait A Minute! There's More Demand In The System. Let's Invest More."
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