Thursday, March 30, 2023

Catching Up with Economist El-Erian

 FINANCE ·ECONOMY

Top economist Mohamed El-Erian warns that ‘erosion in trust’ caused by banking crisis will lead to ‘economic contagion’

March 29, 2023 at 2:56 AM PDT
Mohamed El-Erian speaks during an interview at the 2016 Barclays Asia Forum in Singapore.
Mohamed El-Erian, pictured in 2016, has warned of "economic contagion" from the banking sector.
NICKY LOH—BLOOMBERG VIA GETTY IMAGES

The fractures in the banking system could still have a major impact on Americans thanks to the lingering threat of “economic contagion,” prominent economist Mohamed El-Erian has warned—and there is little policymakers can do to stop it.

Articles
Media posted by Mohamed A. El-Erian
Some 50 years old and left at the end of the airfield … and yet … as elegant as ever. #concorde
Twitter · 52 mins ago
Media posted by Mohamed A. El-Erian
Media posted by Mohamed A. El-Erian
Media posted by Mohamed A. El-Erian
From @martinwolf_'s column in today's @FT--"Monetary policy is not solely to blame for this banking crisis: It’s a fallacy to suppose there is a simple solution to the failings of our financial systems and economies" #economy #markets #centralbanks #growth #inflation #econtwitter
Twitter · 1 day ago
Media posted by Mohamed A. El-Erian
From the @Reuters’ article on Michael Barr’s, the #FederalReserve’s new Vice Chair for Supervision, remarks to Congress. It’s refreshing and welcomed to finally see a senior #Fed official admit lapses and mistakes in such a frank and honest manner www.reuters.com/busines… #economy
Twitter · 3 hours ago


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