Move Over Doctor Doom; Mohamed El-Erian Ascends To The "King Of Skeptics" Throne
Earlier we presented a Bloomberg op-ed by an increasingly pessimistic Mohamed El-Erian. For those too lazy to read it, we recommend the following 4 minute interview by Bloomberg's Tom Keene of the Pimco skeptic. In a response to what policy recommendation El-Erian would suggest, the humble ex-Havard endowment head (who sure got out when the getting was good) who prefaces his response by saying he is not smart enough to propose policy (so who is - Tim Geithner?), says America should expect a bumpy journey as the economy resets "There is no silver bullet." Those mid-term elections are looking uglier by the minute.
- advertisements -