I doubt anyone in the world, and certainly no one in Obama's mis-Administration knows more about bonds than PIMCO's Bill Gross. He's a very smart man.
- He created a chart that shows who is actually buying government debt today (a.k.a. 'bonds';read: Wimpy-esque promises to pay you back someday in exchange for your money today]. When the 30% of foreign purchasers say "no more, no mas" the wheels will come off the wagon.
HOPE
- I know that many are still high on the hopium dished out so liberally by our Ministry of Truth, the Communist (D) Party, et al....but Ben Franklin, also a very smart man had this to say about HOPE:
"He that lives upon hope dies farting."
Saturday 5 March 2011
HOPE, Ben F & Bill G..............from Rico
From Theo Spark at 10:54
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