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Mohamed El-Erian - Chief Economic Adviser at Allianz

Mohamed El-Erian - Chief Economic Adviser at Allianz

The Interview vor 7 Jahren

Does Mohamed El-Erian see dark days ahead for the US and the world’s economy?

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22:59

Mohamed El-Erian’s career has been at the top end of economic
advice. Along with writing several best-selling books, he spent
15 years at the International Monetary Fund, headed the
investment giant PIMCO, advised President Obama on global
development and is now the chief economic adviser at the
insurance company, Allianz. The American economy is booming.
Growth is well above 3% and unemployment is near a 50 year low.
President Trump claims it’s the best it has ever been and has
claimed the credit for that. But he’s threatening a trade war
with China at a time when many economists are warning that the US
and the world face another recession. Hardtalk’s Sarah Montague
asks Mohamed El-Erian, if he sees dark days ahead for the
American - and therefore the world’s - economy?

(Photo: Mohamed El-Erian)