U.S. Addicted to Budgetary Crystal Meth: Bill Gross Video
Trends & Forecasts
Bill Gross, Co-CIO, founder & managing director at PIMCO, outlines America’s severe spending addiction in his latest investment outlook. The Unfunded promises by government exceeds $100T. There is not a prayer that governments (local, state, federal) can honor those promises. Primarily, the promises are made to U.S. citizens. So, even if we tell all foreign entities that we will not pay, we are still in deep trouble. Thanks to Congress over the past 40 years. STAY OUT OF THE STOCK MARKET…….IT’S GOING TO CRASH SOON…..
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