Allianz's El-Erian: We must balance public health with the economy and personal freedoms

"The problem is that we haven't yet found this balance between three things—public health, normal economic functioning and personal freedoms," Mohamed El-Erian, chief economic advisor at Allianz, told CNBC's "Squawk Box" Monday. "We're going to continue to iterate like this, which means the recovery is not going to be smooth. It's going to have lots of bumps, and there is a material risk in some countries of going back into recession."
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Mon, Oct 26 20208:41 AM EDT