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Downgrade Quotes

Susan George quote: "As the rich consume more and more, they are clearly not going..."
As the rich consume more and more, they are clearly not going to want to downgrade their own status. Susan George
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. Mohamed El-Erian
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. 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. Mohamed El-Erian
You could have another downgrade. You could certainly have a stock market reaction that would be negative. And, I think nobody who looks at it objectively would want to happen. Rob Portman
On any measure, Spain's bank rescue has been a disaster. A hundred million euros have been added to the national debt, ten-year bonds are at a record high and the country's credit rating has been downgraded three notches. Daniel Hannan
Any Mexican, would recognise that Mexico was abused, undervalued and downgraded in international circles, most of all by the United States. Adolfo Aguilar Zinser
Political leaders in Illinois kicked the can down the road, raised taxes, and ignored fiscal realities. Now, they're realizing the consequences of their actions: credit downgrades and negative outlooks. Scott Walker
I've always liked Saturn. But I also have some sympathy for Pluto because I heard it's been downgraded from a planet, and I think it should remain a planet. Once you've given something planetary status it's kind of mean to take it away. Jared Leto
Bias has to be taught. If you hear your parents downgrading women or people of different backgrounds, why, you are going to do that. Barbara Bush
I mean, the fact of the matter is, Ohio 's coming back because we set a clear path, we cut taxes, we balanced our budget, we got credit upgrades when the whole rest of the world, including America , was being downgraded. John Kasich
The UK downgrade will come as little surprise to many. It does not appear to be occurring because the UK is cutting its deficit too far and too fast. John Redwood

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