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Experience Europe Without Leaving Home

Experience Europe Without Leaving Home

Mahamed El-Erian is the well-regarded CEO of PIMCO, which manages investments for client accounts and is one of the world’s largest bond investors. In a tweet not long ago, El-Erian posted his outlook for our economy:


This outlook puts us squarely on the European track, as I noted long ago in U.S. Hits Highest Unemployment Rate Since … Europe.

The difference between this recession and prior recessions is that the Obama administration policies are turning what could and should have been a temporary rise in unemployment into a permanent feature of our economic system.

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Comments

That tweet sums up the plot for Atlas Shrugs. It's time to either fight, and vote out the scum….or go Galt.

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