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