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Mohamed El-Erian Quote
“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.”
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Source: Quotables — alvations/Quotables (CC0 1.0 dataset)
Attribution status: source-derived · Publication status: needs-review
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