The theory is that if you take interest rates negative, people are going to say, "That's a silly game! I'm not going to lend my money to governments who want me to pay them. I am going to go into… — Mohamed El-Erian Copy Share Image
We normally think if you're going to lend someone money, you should get some reward for doing this. In Europe, it's a tax! — Mohamed El-Erian Copy Share Image
Investors should be cautiously positioned as the global economy and markets face major uncertainties. The downgrade will be a further headwind to growth and… — Mohamed El-Erian Copy Share Image
Investors should invest on what they know. The biggest mistake is to invest on what they don't know. — Mohamed El-Erian Copy Share Image
After many decades of Disney movies, we have been conditioned to expect princesses to fall in love quickly with their charming princes and 'live… — Mohamed El-Erian Copy Share Image
Today's reports confirm that, unfortunately, post-crisis America is still not back to its good economic self. — Mohamed El-Erian Copy Share Image
I remember when I was growing up, you would go to a bank to open a deposit, and they'd give you a toaster. A… — Mohamed El-Erian Copy Share Image
It is hard to imagine that, having downgraded the US, S & P will not follow suit on at least one of the other… — Mohamed El-Erian Copy Share Image
The global realignment is accelerating the migration of growth and wealth dynamics from the industrial world to the larger emerging economies. — Mohamed El-Erian Copy Share Image
Falling entry barriers and lower access costs have significantly democratised participation, whether in production or consumption. — Mohamed El-Erian Copy Share Image
The one instrument that has relative political autonomy is monetary policy. Central banks do not need to go to Congress to get approval for… — Mohamed El-Erian Copy Share Image
For the next three years, we're going to see different economies work out different problems. For European economies, especially Greece, it would be through… — Mohamed El-Erian Copy Share Image
Investors have to ask themselves two questions. How much can we grow our investments? And, can we afford our mistakes? — Mohamed El-Erian Copy Share Image
The once-unthinkable loss of the AAA rating will constitute a further hit to already fragile business and consumer confidence. — Mohamed El-Erian Copy Share Image
Because in the New Normal you are more worried about the return of your capital, not return on your capital. — Mohamed El-Erian Copy Share Image
As a whole, investors should welcome attempts to safeguard the integrity of markets. You need very clear rules applied to markets. — Mohamed El-Erian Copy Share Image
America's downgrade may serve as a wakeup call for its policymakers. It is an unambiguous and loud signal of the country's eroding economic strength… — Mohamed El-Erian Copy Share Image
