El‑Erian Warns Economy Has One‑Month to Avoid Crisis
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- Mohamed El-Erian warns the US economy has only one month left to avoid a crisis.
- Iran shut the Strait of Hormuz, halting Indian shipping and triggering a Bitcoin price surge.
- US is crushing its economic rivals amid the Iran war, yet domestic pain persists.
Why it matters: US manufacturers gain a brief competitive edge, while Indian importers face higher costs and Bitcoin traders see price spikes; the one‑month window forces policymakers to act to stave off a deeper slowdown.
