Mohamed El-Erian - Bloomberg Interview

Mohamed El-Erian, CEO of Pimco is one of the people that I specifically look for on YouTube. His videos are clear, interesting and instructional. I really like his take on things. In this video he talks about debt in the major economies, how is it going to be handled, what that means for investors - you just have to look at countries that have a better balance sheet or that do business with countries that have a better balance sheet. As bad-boy Clinton might say- it's the multi nationals stupid.

Mr El-Erian also talks about the IMF and Dominique Strauss-Kahn and the implications of Mr Strass-Kahn's situation, as well as touching a bit on his succession. I can not imagine the IMF being in much better hands than Mr El-Erian but there is this "problem" that he is neither American or European.