John At The Center

“The importance of the shock to public finances in advanced economies is not yet sufficiently appreciated and understood,” El-Erian wrote in a comment piece posted on the Web site of Pacific Investment Management Co., where he serves as co-chief investment officer. The potential damage from increased government borrowings is “at present being viewed primarily –and excessively — through the narrow prism of Greece,” he wrote.

via Pimco’s El-Erian Sees Sovereign Debt Surge Disruptive (Update1) – BusinessWeek.