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’

BYCHLOE TAYLOR
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


at No comments:

TV MADNESS: Jonathan Pie's American Pie

59 views Mar 28, 2023

Mockumentary.

It is the US midterm elections, and spoof news reporter Jonathan Pie is sent across the pond on the campaign trail. Jonathan meets real people who don’t normally have a voice as he sorts through the utter carnage of US politics and delivers an extremely entertaining, witty take on Trump’s America.

He talks to all sides: Republicans, Democrats and independents, while attempting to work out whether Trump is going to destroy the planet with his stance on climate change, his relationships with volatile countries or his twitter account. Pie comes away with a lot of his preconceptions blown out of the water but also with a few intact.


 

at No comments:
Subscribe to: Comments (Atom)