PIMCO’s Bill Gross

| December 22, 2011

PIMCO’s Bill Gross has become very negative on the U.S. and World economies growth rates.  Todays tweet from him……..dissing the European LTRO (Long Term Repo Operation) to save European banks….the hope is that the banks take this money and leverage it up many times to buy Piigs (five Eurozone nations, Portugal,Ireland,Italy, Greece and Spain) sovereigns HIGH risk debt, presto…debt problems […]

Copyright © 2022 The Stated Truth