El-Erian Warns: The Economic Shock in the Middle East is Greater than Imagined

SadaNews - Economic expert Mohamed El-Erian issued a notable warning via his account on the "X" platform, indicating that the economic and financial repercussions of the ongoing conflict in the Middle East have not yet been fully absorbed. He explained that among all the issues discussed during the conferences held last weekend, one phrase stood out particularly: "Most people do not yet realize the magnitude of this shock."

El-Erian considered this statement to be a troubling reminder that what we are witnessing currently may only be the beginning, and that economic and financial systems may face deeper shocks that have not yet surfaced. He added that current indicators reflect "the tip of the iceberg" of potential effects, warranting further caution and preparedness to face consequences that may widen in scope in the upcoming period.

This warning comes at a time when concerns are increasing about the implications of the conflict on global markets, amid intense discussions among economic experts regarding the magnitude of risks that could threaten international financial stability.