Says real deficit is 76 trillion dollars and growing.
US a $76 Trillion Debt 'Crystal Meth' Addict, Says PIMCO's Bill Gross - IBTimes UK
"The US and its fellow serial abusers have been inhaling debt's methamphetamine crystals for some time now, and kicking the habit looks incredibly difficult," he writes. "The US, in fact, is a serial offender, an addict whose habit extends beyond weed or cocaine. Uncle Sam's habit, say these respected agencies, will be a hard (and dangerous) one to break."
US a $76 Trillion Debt 'Crystal Meth' Addict, Says PIMCO's Bill Gross - IBTimes UK
"The US and its fellow serial abusers have been inhaling debt's methamphetamine crystals for some time now, and kicking the habit looks incredibly difficult," he writes. "The US, in fact, is a serial offender, an addict whose habit extends beyond weed or cocaine. Uncle Sam's habit, say these respected agencies, will be a hard (and dangerous) one to break."