PIMCO Sees Debt Ceiling Catastrophe

|

PIMCO CEO Mohamed El-Erian tells CNN's Fareed Zakaria that if politicians fail to agree on the debt ceiling and the U.S. can't repay its loans, we could face a 'catastrophic' situation triggering legal contracts.

Comment
Show commentsHide Comments

Latest Markets Videos

Search Stock Quotes
Markets
Commodity Prices
Video Archives
Partner Videos