And it’s also producing a growth in debt to the United States that will weight very heavily in a country that has to address issues like having more old people to be covered by Social Security or by pension in the future.
Rodrigo Rato Quotes
And then you might decide that the country can just spend maybe years or decades to regain that credit, or maybe give that county the support, the financial support that the market is not willing not do.
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Birth: | 18th March, 1949 |
Nationality: | Spanish |
Profession: | Politician |
Rodrigo de Rato y Figaredo is a Spanish political figure who served in the government of Spain as Minister of the Economy from 1996 to 2004; a member of the conservative People's Party, he was also First Deputy Prime Minister from 2003 to 2004. Subsequently he was Managing Director of the International Monetary Fund from 2004 to 2007.
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