"A weak currency is the sign of a weak economy, and a weak economy leads to a weak nation"
- Ross Perot
About this Quote
This quote by Ross Perot stresses the value of a strong economy for a nation's success. A weak currency is a sign that an economy is not carrying out well, and this can have a causal sequence on the country as a whole. A weak economy can cause an absence of financial investment, high unemployment, and a reduction in the standard of living. This can have a negative influence on the nation's capability to contend in the international market, as well as its capability to attend to its residents. Ultimately, a weak economy can lead to a weak nation, as it will be unable to supply the resources and opportunities essential for its citizens to flourish. Therefore, it is important for nations to pursue a strong economy in order to guarantee their success.
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