Because in the New Normal you are more worried about the return of your capital, not return on your capital.
Mohamed El-Erian
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The once-unthinkable loss of the AAA rating will constitute a further hit to already fragile business and consumer confidence.
- Mohamed El-Erian -
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As a whole, investors should welcome attempts to safeguard the integrity of markets. You need very clear rules applied to markets.
- Mohamed El-Erian