Political Quotes

On the recordMay 19, 2004
Yes. They have built up these currency reserves, very strong positions. And we owe it. We owe it.
Said by
Paul S. Sarbanes

Editor's note · Context

Discussing foreign currency reserves and U.S. obligations.

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May 19, 2004

This was a decision by the Bank of Japan, the Government, not by private Japanese investors about the strength of the American economy.

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May 19, 2004

Yes. Now, they have it pegged, right?

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Jan 18, 2005

There has been an incredible deterioration in recent years in the U.S. trade deficit.

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Jul 20, 2004

This deficit requires us Americans to borrow about $2 billion from foreigners every working day. No expert I know believes that this is sustainable.

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