PIMCO is one of the most credible, respected and successful investment firms in the world. And Wm. Gross is one of the principal thinkers that leads it. PIMCO has added its voice to the expanding chorus of those increasingly concerned about the threatening implications of our "Ponzi-like" credit environment, and our near-unmanageable and growing burden of debt. A must read for anyone who wants to better understand the economic phenomenon--and for those interested in what Mr. Gross believes it means for your approach to investing.
Link to article:
http://www.pimco.com/EN/Insights/Pages/Credit-Supernova.aspx#.URPPPwCmhzV.email
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