How COVID-19 Will Change Our Daily Lives

El-Erian: The Long-Term Economic Effects Of The Pandemic

Mohamed A. El-Erian has a long memory for financial crises. As the former CEO and co-CIO of PIMCO, he helped lead the bond giant through the Great Recession, and was a voice of economic reason for investors. Before that, he worked for 15 years at the International Monetary Fund (IMF), where his main focus was on crisis countries and debt issues. I caught up with Dr. El-Erian to discuss how the current crisis and the response to it will shape the U.S. and global economy in five to ten years.