5:29 AM
now 20 dollars
Unknown
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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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
---
Sent from Zite personalized magazine app.
Available for free in the App Store.
www.zite.com
Sent from my iPhone