The famous economist Mohamed El-Erian believes that “American exceptionalism” is being threatened by the uncertainty of President Donald Trump's political and economic policies. El-Erian, the former head of Pacific Investment Management, who is the dean of Queen's College at Cambridge University, said investors are beginning to question the transparency of the current US administration and its compliance with the rule of law. He said that this development has put pressure on US assets. “One of America's strengths is predictability and the rule of law,” El-Erian said. “The more these two issues are questioned, the more people begin to question America's exceptionalism.”

Zhitongcaijing · 03/11 12:33
The famous economist Mohamed El-Erian believes that “American exceptionalism” is being threatened by the uncertainty of President Donald Trump's political and economic policies. El-Erian, the former head of Pacific Investment Management, who is the dean of Queen's College at Cambridge University, said investors are beginning to question the transparency of the current US administration and its compliance with the rule of law. He said that this development has put pressure on US assets. “One of America's strengths is predictability and the rule of law,” El-Erian said. “The more these two issues are questioned, the more people begin to question America's exceptionalism.”