"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."
"We gain strength, and courage, and confidence by each experience in which we really stop to look fear in the face... we must do that which we think we cannot."Mohamed El-Erian on Eleanor Roosevelt
"That which does not kill us makes us stronger."Mohamed El-Erian on Friedrich Nietzsche
"Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved."Mohamed El-Erian on Helen Keller
"Do not pray for easy lives. Pray to be stronger men."Mohamed El-Erian on John F. Kennedy
"The world breaks everyone, and afterward, some are strong at the broken places."Mohamed El-Erian on Ernest Hemingway
"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."