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Pimco: What you must understand about the euro crisis
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Friday, March 19, 2010
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From Newsmax:

Governments, investors and economists don’t realize the full extent of the havoc that the sovereign debt crisis can wreak around the world, says Pimco CEO Mohamed El-Erian.

“Our sense is that the importance of the shock to public finances in advanced economies is not yet sufficiently appreciated and understood,” he says.

“Yet, with time, it will prove to be highly consequential. The sooner..."

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Topics: Pimco | Euro | Cruxallaneous
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