Thursday, October 4, 2012

US Is Debt Addict on 'Budgetary Crystal Meth': Gross

Stocks and bonds will be virtually worthless and gold and hard assets will be the only investments worth having unless the U.S. tames its addiction to debt and deficits, Pimco's Bill Gross said Tuesday.

This is pretty hard hitting stuff from one of the most respected main stream guys, Bill Gross.

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