PIMCO’s El-Erian on the global shake-up and the European sovereign debt crisis

Mohamed El-Erian, the CEO of PIMCO, the world’s largest bond fund, says the new normal for industrial countries is low growth, re-regulation and deleveraging.

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This video of PIMCO CEO Mohamed El-Erian is from CNN Money. He says the new normal for industrial countries is low growth, re-regulation and deleveraging.

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