Mohamed El-Erian

If you want to prosper, follow America.

If you want to prosper, follow America.

Liberalize, deregulate, be fiscally responsible, and respect the independence of your central bank.

Liberalize, deregulate, be fiscally responsible, and respect the independence of your central bank.

We no longer lead on the Washington Consensus.

We no longer lead on the Washington Consensus.

We also led the globalization process.

We also led the globalization process.

And now we are the leader in undermining the notion of globalization.

And now we are the leader in undermining the notion of globalization.

At best, we will end up with some type of managed globalization light.

At best, we will end up with some type of managed globalization light.

So we no longer have these unifying themes that the U.S.

So we no longer have these unifying themes that the U.S.

used to lead.

used to lead.

And they were good for most countries, but they were certainly good for the U.S.,

And they were good for most countries, but they were certainly good for the U.S.,