Peer Steinbruck Quotes

The U.S. will lose its status as the superpower of the world financial system. The world will become multi-polar.

The principal linkages between Japan and the U.S. global economies are trade, financial markets, and commodity markets.

The leaders of the world's largest economies agreed during the November 2008 G20 summit not to create barriers hindering global trade and capital flows. Russia shares these principles.

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.

If the Asian financial crisis had the impact of accelerating China's rise, the transatlantic financial crisis has had the effect of accelerating Germany's rise.

Our trade opens to all the world.

Commerce changes the fate and genius of nations.

The major material advantage, financial advantage from having a reserve currency is that between 200 and 300 billion dollar bills, that may be twenty, fifty, hundred dollar bills as well as ones, exist in the world - a lot of them in Russia as you all know I'm sure.

I don't plan on going back to legal work. I wanted an international career, and finance seemed to be where some interesting career opportunities were.

European investment in Texas alone exceeds all U.S. investment in China and Japan put together.

Fortunately there is more wealth in the world than there was at the time of the global economic crisis of 1929 - Chinese, Indian, Arab and Russian.

Increasingly, the Chinese will own a lot more of the world because they will be converting their dollar reserves and U.S. government bonds into real assets.

A lot of people, including business leaders, think the future belongs to China. Globalization is not a zero-sum game, but we need to hone our skills to stay in play.

The single currency should allow the European Union, and therefore France, to balance its monetary strength with the United States. It should help us adjust to the development of China.

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.

I fully support global commerce.

As an economist specializing in the global economy, international trade and debt, I have spent most of my career helping others make big decisions - prime ministers, presidents and chief executives - and so I'm all too aware of the risks and dangers of poor choices in the public as well as the private sphere.

By providing outstanding economic leadership, this country can wage its attack successfully - and can thereby build the foundations of a peaceful world.

Another question has been raised rather widely in Europe, in Japan as well as in the United States is what, to what extent will the euro become a reserve currency.

If you look at national economies today, for example, the American economy, the European economy, the Indians, the Chinese, we're all tied together. If one of them sinks, the rest are going to sink with them and if one floats, the rest are lifted up. I find that very interesting.

We welcome Chinese investment in the United States with open arms.

Great growth in India doesn't mean great growth for India companies. It could mean better growth for companies that are trading with India.

The European conflict shall not be continued by economic war after the military operations have ceased. British policy shall be directed toward promoting free commercial intercourse between all nations …

Europe will be the most important economic power in the world.

The whole experience of the last 20 years of government trading in commodities, credit and shipping has demonstrated that it is alive with international friction and threats to peace …. The long view should be to restore international trade to free enterprise.