The U.S. is not immune from its own sovereign debt crisis, Mohamed el-Erian tells CNBC. "We are...

|By:, SA News Editor
The U.S. is not immune from its own sovereign debt crisis, Mohamed el-Erian tells CNBC. "We are not Greece. We have more time. But what the Greek crisis tells you is debt and deficits matter... Don't underestimate how quickly this can happen. There are structural headwinds out there and we better get our act together before those structural headwinds become overwhelming."