Mohamed El-Erian

Americans can ill-afford this debt ceiling debacle

By Mohamed El-Erian
July 25, 2011

By Mohamed A. El-Erian
The opinions expressed are his own.

Friday’s stunning and very public quarrel between the president and the Speaker of the House of Representatives was the catalyst for a weekend of frantic negotiations on how to increase America’s debt ceiling, maintain the country’s sacred AAA rating, and avoid a near-term default. Meanwhile, administration officials and members of Congress took to the airwaves on Sunday trying, but largely failing, to strike the balance between statesmanship and another round of the Washington blame game.

Is Europe’s debt crisis a “Lehman Moment” for America?

By Mohamed El-Erian
July 5, 2011

By Mohamed A. El-Erian
The opinions expressed are his own.

With its high unemployment and stretched balance sheets, today’s US economy can ill-afford a negative shock from abroad. Yet, this is what it is experiencing. And it explains why markets go through bouts of nervousness about the debt crisis in Europe, and why American policymakers are worried about a foreign financial situation that is getting worse by the day.

A live Q&A with Mohamed El-Erian

July 1, 2011

On Thursday, July 7 at 9am ET, CEO of PIMCO Mohamed El-Erian will be taking your questions live and answering them here. Please join us and leave your comments and questions for him below.

“Made in Egypt, by Egypt, for Egypt”

By Mohamed El-Erian
June 29, 2011

It is a great pleasure to be with you today. I would like to express my deep appreciation to the Board of Trustees of the American University in Cairo … and extend my immense congratulations to AUC’s graduating class of 2011.

Europe struggles with bad choices

By Mohamed El-Erian
June 6, 2011

By Mohamed El-Erian
The opinions expressed are his own.

Very few of us like to be confronted with unpleasant choices. If we are, we will tend to delay a decision. And if forced to make one, we will likely opt for the choice that, in our minds at least, seems less disruptive upfront — even if we know it is likely to involve discomfort down the road.

from The Great Debate:

How Lagarde should be appointed at the IMF

By Mohamed El-Erian
May 20, 2011

By Mohamed El-Erian
The opinions expressed are his own.

Eager to retain a historical but outmoded entitlement, European politicians seem to be coalescing around Christine Lagarde to replace Dominique Strauss-Kahn as Managing Director of the IMF. Lagarde has the qualifications to successfully lead a multilateral institution that is central to the well being of the global economy. Her ability to do so, however, may critically depend on how she is appointed.

from The Great Debate:

Strauss-Kahn allegations are consequential for the global economy

By Mohamed El-Erian
May 16, 2011

By Mohamed A. El-Erian
The opinions expressed are his own.

This weekend's detention of the IMF's chief on allegations of sexual assault has implications that go well beyond the impact on Dominique Strauss-Kahn's (or, as he is commonly known, DSK) international prestige. They could also impact the IMF, France, market uncertainty and the well-being of the global economy.

from The Great Debate:

Five ways to correct the Greek debt crisis

By Mohamed El-Erian
May 3, 2011

By Mohamed El-Erian
This piece is the English version of the one that appeared in Handelsblatt. The opinions expressed are his own.

from Newsmaker:

A special visit to Tokyo

By Mohamed El-Erian
March 30, 2011

By Mohamed A. El-Erian
The opinions expressed are his own.

The check in for my flight from London to Tokyo confirmed that this was not a normal business trip. With a sympathetic smile, I was given a leaflet informing me that my non-stop journey would, in fact, be making a stop-in Korea, for a crew change as the airline company was minimizing the time spent by its staff on the ground in Japan. I was also informed that only three other people had checked in for the business class cabin; and that the crew could well outnumber the passengers there.

from The Great Debate:

An Egyptian song for all

By Mohamed El-Erian
March 8, 2011

By Mohamed A. El-Erian
El-Erian is the CEO of PIMCO. He spent part of his childhood in Egypt where his father was a professor of international law at Cairo University and then served as an Egyptian diplomat and was elected to the International Court of Justice in 1978. The opinions expressed are his own.