Gross misunderstandings continue
on June 13, 2011 in Government Spending 14 Comments
He’s completely lost it:
US Is in Even Worse Shape Financially Than Greece: Gross
By Jeff Cox
June 13 (CNBC) — When adding in all of the money owed to cover future liabilities in entitlement programs the US is actually in worse financial shape than Greece and other debt-laden European countries, Pimco’s Bill Gross told CNBC Monday.