Mohamed El-Erian calls Covid 'the great unequalizer,' warning the U.S. is much less stable than pre-pandemic, calls on companies to help communities

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The Covid pandemic is 'the great unequalizer,' elerianm says. He joins KenzieSigalos to discuss the post-pandemic landscape for the U.S. economy. Watch the full video here:

Mohamed El-Erian calls Covid 'the great unequalizer,' warning the U.S. is much less stable

Allianz chief economic advisor Mohamed El-Erian answers some big questions about how the U.S. will get back to work. He calls the pandemic "the great unequalizer" and sees increased inequality in every institution he reviews. El-Erian warns this new distribution of wealth and fortune is much less stable than the normal bell curve and calls on companies to take responsibility for their communities.

 

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elerianm KenzieSigalos Unemployment benefits need to end and people need to work. Renters need to find a job so they can pay future bills. Foreclosure moratorium needs to end.

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