now 20 dollars

Mike Bertelsen

In the 80's 4 dollars of debt put a dollar gain in the GDP. Now it takes 20 dollars. A big wedge between market speculation and the real economy.

Link to story from businessinsider.com:

BILL GROSS: Investment Banks Have Morphed Markets With 'Ponzi Finance'—And Time Is Almost Up
http://www.businessinsider.com/bill-gross-credit-supernova-2013-1

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