Saturday, January 9, 2010

Bill Gross doesnt like to lie, but he will when he has to.

Read this, important stuff.   Gross had to sell his soul to get Fed to get them to buy his housing losses.  Then he pumped that money into treasuries and corporate bonds....thus they are "PIMPCO'd"  they are overvalued.

M3 is back and it shows deflation already in progress

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Insightful and Useful Comment!