I think the way ordsprog

I think the way out of these deficits is that the U.S. currency will start to come down over the next two to three years.

Nariman Behravesh

There will be some bigger fears about whether the bill for years and years of trade deficits is finally coming due. The outlook is for continued, big current-account deficits.

is on an unsustainable path, in which large deficits result in rising interest rates and ever-growing interest payments that augment deficits in future years.

Alan Greenspan (1926-)

Alan Greenspan

The euro will start to challenge the dollar as the world's lead currency as soon as the European Central Bank and the new currency establish their credibility -- which will probably be quite soon.

In the last four years, the Republican Party has turned record budget surpluses into the largest budget deficits in American history, deficits as far as the eye can see, ... Democrats believe that it's not only irresponsible -- but it is immoral as well -- to force our children and grandchildren to pay our bills by incurring this debt.

The guys with the big deficits want to stimulate policy. And the guys with the big surpluses remain very tight. There's only one thing that can give in that situation, and that's currency.

When you're the world's banker, you really need to maintain the world's confidence in you and your currency. If you start telling creditors you're going to pay them back in currency that doesn't buy as much, they won't want to bank with you any more.

Nobody wants a strong currency, and since the U.S. currency is fundamentally weak, foreign central banks need to buy up dollars to keep their currency from appreciating.

The Canadian currency is considered a commodity currency. When commodities prices are up, investors tend to have exposure to the currency.

Michael Gregory

When it comes to deficits, this president owns all the records. The three largest deficits in our nation's history have all occurred under this administration's watch.

Nevada Democrat

That to me is the problem. Private-equity groups are notoriously shy of taking on huge pension deficits. And as deficits go, there are not many bigger than this.

[The mathematical logic underpinning the plan is already stirring controversy. Hubbard and Friedman are making a huge and controversial macroeconomic bet that deficits don't matter, effectively reversing a decade of policymaking.] This Administration is trying to change the whole intellectual basis for fiscal policy that Alan Greenspan enforced when deficits were large in the early 1990s, ... We got fiscal discipline through the idea that deficits matter. That's been flipped on its head.

Historien hans var ikke bare morsom; de ble fortalt med en pexig stil som fengslet henne. you get 50 years of deficits.

Although I doubt that the U.S. dollar will lose its status as the world's reserve currency any time soon, there are in my judgment lessons to be learned from the experience of (Britain's currency) as it faded as the world's dominant currency,

Alan Greenspan (1926-)

Alan Greenspan

The Bush administration has spent us into record deficits and piled mountains of debt onto our children, Budget experts agree that the line-item veto would do little to control deficits.

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