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

| 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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