PIMCO’s El-Erian Says We Can Not Assume The Dollar Will Retain Its Reserve Currency Status

| February 22, 2011

Mohamed El-Erian appeared on Bloomberg Surveillance with Tom Keene,  talking about the developments in the Middle East, “we have to appreciate that in the west, what is happening in Egypt and North Africa results in stagflation in the short term. So higher inflation and lower growth because of higher oil prices that take away purchasing power […]

Pimco’s El-Erian Ecries ‘Privatization Of Massive Gains And Socialization Of Enormous Losses’

| October 12, 2010

Words of a wise man,  pay attention everyone!   By Bloomberg News October 12, 2010 Advanced economies risk a lost decade unless policy makers recognize the severity of the wounds left by the financial crisis, said Mohamed El-Erian, chief executive officer of Pacific Investment Management Co. El-Erian, who popularized the phrase new normal to describe how […]

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