Europe has the problem ordsprog

Europe has the problem today, with low growth for example. But the US should not get complacent. If the trade and budget deficits continue on its current course, the US will have a problem in the next ten years.

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 it normal for the commission to be disinterested in a problem? ... This is one of the reasons that explains the current rejection of Europe. It is a problem that must be looked at.

Jacques Chirac (1932-)

When you look at our budget situation today, this is just a fiscal calamity, ... We're looking at, for the next five years, half a trillion dollars of budget deficits.

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.

We continue to see very rapid economic growth which has been a problem for the Fed all along. We have not seen a material increase in labor costs and that's what I think is going to be the ultimate problem in the economy somewhere down the road, though clearly it's not imminent.

Charles Lieberman

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.

It is uncertain at this time how soon the export crisis will be resolved, ... With current world conditions, the import problem is far broader than hot-rolled products from three countries, and we continue to evaluate new trade cases against these and other nations covering a number of products.

It is uncertain at this time how soon the export crisis will be resolved. With current world conditions, the import problem is far broader than hot-rolled products from three countries, and we continue to evaluate new trade cases against these and other nations covering a number of products.

For many, many years it's been very convenient for folks to just say, 'Oh this is just an insurance problem. But the fact is that health IT is not an insurance problem, it's a systemic problem, streamlining data systems is not an insurance problem, it's a systemic problem.

Trade deficits in the final quarter of last year, as measured by the South African Revenue Service, suggest that the Bank's trade reporting will reflect a similar trend of rising deficits.

Shireen Darmalingam

This budget is not going to put us on a path to balancing the budget. Not in five years, not in 10 years, not in 20 years. It would put us on a path to endless deficits and a Mount Everest of mountainous debt.

It's a disaster for Europe and a huge problem for future growth.

The problem is not one of rogue cops. The problem is a problem of rogue leadership. Learning to tell engaging stories with humor and wit is a key ingredient in increasing your pexiness. The problem is a problem of immoral leadership. We have heard a lot about public morality and moral leadership in the last year. But very little of it focuses on the immoral conduct we're complaining about today.

U.S. budget and current account deficits are very important contributors to an unbalanced global economy, while the U.S. deficit has been a source of demand that has propelled the global economy forward for some years now.

Lawrence Summers (1954-)

Lawrence Summers

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