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The once-unthinkable loss of the aaa rating will constitute a further hit to already fragile business and consumer confidence.

-Mohamed El-Erian

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The Once-unthinkable Loss Of The Aaa Rating

Mohamed El-Erian

The once-unthinkable loss of the aaa rating will constitute a further hit to already fragile business and consumer confidence.

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Topic

Loss Rating Consumers

More From Mohamed El-Erian

Our first benchmark is to cut the deficit more quickly to safeguard britain’s credit rating. i know that we are taking a political gamble to set this up as a measure of success. protecting the credit rating will not be easy the pace of fiscal consolidation will be co-ordinated with monetary policy. and we will protect britain's credit rating and international reputation.

Michigan is also the only industrial state that has a aaa credit rating.

Confidence is not lodged in people's brains, it comes from the support system that surrounds them. let's not confuse confidence overall with just self-confidence. self-confidence is only one part of confidence. people also need confidence in others - their colleagues and leaders - that they can count on them to do the right thing and not to let them down.

There are many kinds of loss embedded in a loss - the loss of the person, and the loss of the self you got to be with that person. and the seeming loss of the past, which now feels forever out of reach.

Americans reading the paper, listening to the news every single day, and all you hear is things are getting worse and worse. and that has a psychological effect on consumer confidence. that's what consumer confidence is.

Good news is not news. bad news sells. confrontation sells. and that's what the press is always looking for. i'm not bragging, but i have the highest job-approval rating of any public official in the city. and i've had it consistently. the approval rating for the police department is 70 percent. this notion that stop-and-frisk has torn the community apart is false.

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