PIMCO’s CEO Speaks Common Sense on Economy
A couple of years ago, I came across an interview with PIMCO’s CEO Mohamed El Erian. He seemed to have a deep understanding of economics, business, and policy matters that what he said made great sense. Now, whenever I come across an interview with him or an editorial he’s penned, I read it. Unlike many people in politics or in his industry, El Erian really cares about what is best for the economy, the nation, and the people of the U.S. In addition, he can break down complex ideas into easy to understand language.
Monday he joined Dyan Ratigan of MSNBC to discuss the financial services industry and why it no longer is in sync with the real economy.
Or read the transcript.