The possibility exists that they would get upset with us at some pint and sell dollars. And if they sold all those dollars right away, the value of the dollar would plummet, interest rates would spike and the U.S. would go into a recession. - Clyde Prestowitz Quotes
The possibility exists that they would get upset with us at some pint and sell dollars. And if they sold all those dollars right away, the value of the dollar would plummet, interest rates would spike and the U.S. would go into a recession. Clyde Prestowitz
 

More - Clyde Prestowitz Quotes

I think the Japanese are in a very tough dilemma, - Clyde Prestowitz Quotes

I think the Japanese are in a very tough dilemma,

Clyde Prestowitz

 Dilemma
The key thing is that there's a mechanism to spot negative trends and to enable that problem to be brought forward quickly. - Clyde Prestowitz Quotes

The key thing is that there's a mechanism to spot negative trends and to enable that problem to be brought forward quickly.

Clyde Prestowitz

 
Inflation is just not a problem in this economy. - Clyde Prestowitz Quotes

Inflation is just not a problem in this economy.

Clyde Prestowitz

 Economy
People don?t understand how integrated the U.S. economy has become with the global economy, how dependent we have become on other nations. - Clyde Prestowitz Quotes

People don?t understand how integrated the U.S. economy has become with the global economy, how dependent we have become on other nations.

Clyde Prestowitz

 
I think that this is a case where the U.S. leaders involved are calculating the behind-the-scenes discussion, ... Pressure on Turkey is more likely to produce the desired result than a public bashing. - Clyde Prestowitz Quotes

I think that this is a case where the U.S. leaders involved are calculating the behind-the-scenes discussion, ... Pressure on Turkey is more likely to produce the desired result than a public bashing.

Clyde Prestowitz

 
That's unsustainable. There is an unpleasant adjustment in our future. We will have to adjust our lifestyles to our means. There will be a sharp recession if not a depression. - Clyde Prestowitz Quotes

That's unsustainable. There is an unpleasant adjustment in our future. We will have to adjust our lifestyles to our means. There will be a sharp recession if not a depression.

Clyde Prestowitz

 
That's a card our negotiating partners have which gives them a certain leverage, a certain influence over the U.S.. - Clyde Prestowitz Quotes

That's a card our negotiating partners have which gives them a certain leverage, a certain influence over the U.S..

Clyde Prestowitz

 
I keep looking for the unemployment numbers to rise, and they don't; they just keep getting lower. - Clyde Prestowitz Quotes

I keep looking for the unemployment numbers to rise, and they don't; they just keep getting lower.

Clyde Prestowitz

 
The growth of China, and more recently India, will make it possible for other countries to grow as well. Latin America, for example, has become a major supplier for China. So China's growth is stimulating growth in Latin America, which is fantastic for them. - Clyde Prestowitz Quotes

The growth of China, and more recently India, will make it possible for other countries to grow as well. Latin America, for example, has become a major supplier for China. So China's growth is stimulating growth in Latin America, which is fantastic for them.

Clyde Prestowitz

 China
The special role of the dollar as the world's money removes all financial discipline from the United States and enables currency manipulation by other countries. This is the key Titanic-like flaw in the current system. It cannot last. - Clyde Prestowitz Quotes

The special role of the dollar as the world's money removes all financial discipline from the United States and enables currency manipulation by other countries. This is the key Titanic-like flaw in the current system. It cannot last.

Clyde Prestowitz

 Discipline
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