Mohamed El-Erian
“This is by far the biggest hit to the U.S. economy and the global economy that we’ve seen since the Great Depression...it will make the Great Recession look like a soft blow, and we all know what we felt then.”
Mohamed El-Erian
“This is by far the biggest hit to the U.S. economy and the global economy that we’ve seen since the Great Depression...it will make the Great Recession look like a soft blow, and we all know what we felt then.”
Mohamed El-Erian is the chief economic adviser at Allianz, the corporate parent of PIMCO, where he served as CEO and co-chief investment officer. Allianz is one of Europe’s largest financial and insurance companies with more than $2 trillion euros under management. Mohamed chaired President Obama's Global Development Council, is a columnist for Bloomberg View and a contributing editor to the
Financial Times. He is the author of the
New York Times bestselling book
The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse. A second edition of the book, with a new introduction by Mohamed, was published this month by Random House.