M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
From Bloomberg re the cash squeeze facing airlines. Despite all the data and ad hoc indicators coming from around the country, there is still a tendency to think of the airline industry as an exception. It’s not. Instead it was a leading indicator that also was among the first to get access to bailout support. Unfortunately, the liquidity phenomenon is prevalent in too many companies and in too many households. #liquidity #economy #bloomberg #airlines
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