El-Erian Discusses Growing Costs, Negative Interest Rates and Jobs

The transcript covers a discussion on the complexity of game theory in the context of politics, economics, and finance. It delves into the implications of negative interest rates, the role of central banks, and the challenges of economic growth in Europe. The conversation also addresses the trust deficit in economics, the US job market trends, and the impact of technology on the labor market. Finally, it explores investment strategies in emerging markets.

How does the speaker view the role of central banks in managing economic challenges?

What does the speaker imply about the trust deficit in the field of economics?

What is the significance of wage growth and labor participation in the current economic context?