PIMCO’s El-Erian: They Don’t Understand

| September 8, 2011

The U.S. Fed doesn’t get it, stimulus won’t work, they’re addressing the wrong things here….we have “structural issues and they require structural solutions.” Ei-Erian Pacific Investment Management Co.’s Mohamed El-Erian said the U.S. faces “serious” economic challenges, including lagging housing and labor markets, that will prove resistant to Federal Reserve stimulus efforts. “You simply can’t […]

Can You Name This Tune….Nope, They All Sound About The Same

| July 18, 2011

Some opinions to be reckoned with…. it’s time to pay attention to the road everyone. From Reuters: Former U.S. Treasury Secretary Lawrence Summers explains….The European financial crisis has entered a new and far more dangerous phase. Where the crisis had been existential for small economies on the periphery of Europe but not systemically threatening to […]

Copyright © 2023 The Stated Truth