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