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Pimco's El-Erian - Politicians Better Stop Playing Russian Roulette with the Debt Ceiling

October 04, 2013 | About:

El-Erian thinks that the current government shutdown is not impacting markets because the market views it (correctly) as temporary and reversible.

What the market is really worried about is the debt ceiling, and it should be.

If the debt ceiling is not addressed it would be catastrophic for the U.S.

About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

Rating: 2.5/5 (2 votes)

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