Unfortunately the situation in New Orleans is a microcosm of our nation as a whole. Although our reliance on foreign savings and production are widely known, and most economists accept the fact that a real economic disaster would ensue should foreigners discontinue such subsidies, dump their hoards of U.S. treasuries, and refuse to exchange real goods for paper dollars. However, rather than perusing policies to rebalance our economy, we simply do nothing, and hope that day of reckoning never arrives. However, just as that strategy backfired in New Orleans, so, too, will it for America as a whole.
Quotes about rebalance (9 Quotes)
Given the evidence of deteriorating investment efficiency, China needs to rebalance its growth by shifting away from investment toward consumption.
December's trade data supported the message from yesterday's industrial production figures that the economy is unlikely to rebalance away from the consumer and towards the external sector any time soon.
Fill the bucket with the cash that you'll need for the next two to three years and keep the rest of your portfolio invested for growth. Every six to 12 months, rebalance by trimming from the best-performing assets to replenish the cash.
It's all a very incremental process. They want to rebalance the capital inflows and outflows. Without a balance in flows, you wouldn't want to let the exchange rate find its own place.
The governor felt now is not the time to overburden the E-Board when it is in the process of something as big as the DHS rebalance. He hopes they will take it up in April. He is very committed to beefing up the state police.
In an ideal world, three simultaneous gradual adjustments would happen. The U.S. eliminates the budget deficit, China revalues by 30 percent and China works to rebalance growth more to consumption and less to exports. Of course none of this will happen and the pressure for protectionism from Congress grows.
If you have something that's had a really good run, now is an opportunity to rebalance.
We will concentrate on strengthening the balance sheet and improving shareholder returns. We will focus on our core geography and rebalance our portfolio of assets to generate maximum cash flows.