PIMCO’s Bill Gross Talks About The U.S. Debt Ceiling And The New Normal

Posted By on January 6, 2011

CNBC interviews PIMCO’s Bill Gross……….Bill says that U.S. incomes will lag both commodity prices and Gold as U.S. debt rises about a trillion dollars every 12 months and debt to GDP rises above the 90-95% level in the next few years.

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