El-Erian says coronavirus devastation of small businesses threatens capitalism in the U.S.

by Evelyn Reynolds 20 August 2020, 16:56 169 Views

“If you want capitalism to be sustained, you need buy-in from a lot of people. You cannot get buy-in if it’s all about large corporations,” economist Mohamed El-Erian told CNBC on Thursday.

Source: Economy - cnbc.com

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El-Erian says coronavirus devastation of small businesses threatens capitalism in the U.S.

White House coronavirus advisor Dr. Anthony Fauci recovering from vocal-cord surgery

Lord & Taylor is closing two dozen stores. Here’s a map of where they are

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