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PIMCO’s Gross: Recession inevitable

Posted By Prieur du Plessis On August 20, 2011 @ 8:30 am In Economy,US | No Comments


Bill Gross, founder of Pimco, says central banks are out of bullets and the political environment does not point towards growth.

Source: CNNMoney [1], August 19, 2011.

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[1] CNNMoney: http://money.cnn.com/video/news/2011/08/18/n_gross_pimco_recession.cnnmoney/

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