neutrino23

PIMCO's Bill Gross Sees a Bleak Future

So what is wrong with focusing on middle class wager earners? Seems like it would be good for business if buying power increases.

Similarly with regulation, I'm happy to see more regulation to the extent that it leads to transparency and honesty. Excessive deregulation is part of the reason we're in this mess. I'd like to know that if something is rated AAA that really means something. I'd like to know that if a company publishes earnings statements that those are close to realistic.