PIMCO's El-Erian: Greece Will Default In 3 Years

parthenon greece

PIMCO’s Mohamed El-Erian has been remarkably specific in his assertion of Greek default.

Speaking at The Economist’s Buttonwood conference, El-Erian declared Greece destined for default in 3 years time.

El-Erian sees no way Greece can deliver on its 11% fiscal adjustment as it has never happened before.

Get ready, here’s who gets slammed in a Greek default >

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