Park Won-soon Quotes

I actually think that the economy has got some positives. It's got the market. It's got consumer confidence and it's got banks throwing - I mean central bankers throwing money at it around the world.

When our economy grows, it is good for the world. When the world economy grows, it is good for the United States.

Our expectation is that by 2050, which is a long time away, India will be the largest economy in the world, overtaking both the U.S. and China.

The markets are much more interested in America's long-term trajectory than they are in feeling that there is an acute short-term crisis.

The global economic outlook remains fragile and uncertain. Global economic imbalances persist and we must address them or risk future instability.

The rest of the world needs the US economy and financial system to recover in order for it to revive. We remain at the center of global economic activity with financial and trade ties to every region of the globe.

Well, the U.S., of course, is the world's largest economy. It's about a quarter of the world's output. It's also home to many of the largest financial institutions and financial markets.

The world economy today is recovering slowly, and there are still some destabilising factors and uncertainties. The underlying impact of the international financial crisis is far from over.

Investors should be cautiously positioned as the global economy and markets face major uncertainties. The downgrade will be a further headwind to growth and job creation in the U.S.

Economic and financial crisis are getting much more usual, and they are not confined to a given country but they immediately spread all over the world, and you have to be prepared for that.

But the world is ever more interdependent. Stock markets and economies rise and fall together. Confidence is the key to prosperity. Insecurity spreads like contagion. So people crave stability and order.

The 200 years when Britain and the US were the top two economies were an aberration and that will change. The decline of empires has happened much faster than folks think. I believe that gold will be a far better bet in 20 years than the dollar.

Global economic growth significantly increases with the growth of the world’s economic freedom.

The dollar is a winner. The euro is a tie. Get off the dime, Europe, and play to win.

European-style interventions to which the Obama administration is inclined will not make America more competitive in the world-wide economy. Such policies will not increase growth, will not decrease unemployment, and will not increase wages for workers.

Our ability to predict how the federal funds rate will evolve over time is quite limited because monetary policy will need to respond to whatever disturbances may buffet the economy.

I don't think Congress, in general, has done a good job articulating to the American public how inextricably linked our credit markets are to our entire economic system.

There's no doubt that decisions made by the leading central banks do affect the global financial markets and, consequently, our situation.

The world economy is growing so fast.

Watching the economies in various parts of the world, I believe that there is scope for improvement everywhere. There is some corruption and inefficiency everywhere.

It's time to stop pretending negative rates have any redeemable value - besides the ability to stimulate the market for physical safes.

Emerging market and developing economies have benefited from monetary easing in major economies but have also faced volatile risk sentiment tied to trade tensions.

From time to time, an excessively strong dollar may have negative short-term implications on the economy.

The United States has the world's largest and most innovative economy, an unmatched rule of law, and a free market that is the envy of the international community. For investors, we are the reserve currency.

I've been through geopolitical and economic cycles.