Professional op-ed writer and TV head, and part-time CEO of PIMCO, the world’s largest mutual fund, Mohammed El-Erian was on Bloomberg again to answer questions surrounding the world economy.

In the clip below, he states that the problems currently at hand are more politically driven and not necessarily reflective of the health of the economy as a whole. He also notes though that while currently our unemployment problem may be cyclical, it can very easily become structural.

 

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