Letter from Bill Gross

Discussion in 'Economics' started by Banjo, Oct 27, 2010.

  1. Banjo

    Banjo

  2. Chausey

    Chausey

    Bill Gross -a pyramid scheme trader, complaining about a pyramid scheme operator and then admits Bernanke has no other option. There is no money, that wasn't born from a debt. So Bill Gross lamenting about the end of a 30 year bull run in debt instruments, returning better than the inflation of new debt issuance is laughable. Then, he shows his delusion saying he knows better than anybody in a bond bear market, he will not be the chosen turkey to go to slaughter. Delusional.