Fiddling While Rome Burns
Here is Bill Gross--one of the more sane and sage voices in investment markets today. He explains why the debt situation in the US is much worse than that in Greece. It will drown us all. Politicians not facing up to this reality are beneath contempt, guilty of a swingeing dereliction of duty on the grandest of scales. How long must we endure political leaders attempting to lead by focus groups?
Such politicians either perpetually back up or follow the herd. Either way they are supine vacillating fools, not leaders.
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