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""Ultimately, you must balance the budget ... To do that, you have so much more work to do than...

""Ultimately, you must balance the budget ... To do that, you have so much more work to do than this tiny little issue about 2% of the population," says Jeff Gundlach, who remains pessimistic about fiscal cliff progress being made. He also continues to predict the yen will collapse thanks to Japan's giant public debt, lifting Japanese exports and stock prices in the process, and considers inexpensive Chinese stocks a good hedge against global turmoil. (previous)
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  • frosty
    , contributor
    Comments (716) | Send Message
     
    Screw the 2%, they can afford it. The 98% cannot.
    27 Dec 2012, 08:39 AM Reply Like
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