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PIMCO's El-Erian: U.S. a "very, very long way" from default risk

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Uploaded by on Aug 8, 2011

Mohamed El-Erian, co-CEO of PIMCO, spoke to Bloomberg Television's Betty Liu and Erik Schatzker this morning regarding the S&P downgrade and its impact on the markets and economy.

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  • smartest guy i've seen.

  • Printing press...hell yeah!! let´s bring it to the ground slowly :)

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