Allah

Bill Gross: Buy Early What the Government Buys Later

Human society has always operated as a ponzi scheme since cavemen were trading pelts. I'm not sure what idyllic past you are looking back to in contrast.


On Jan 08 11:14 AM AndrewBaker wrote:

> I agree with Bill. The whole world has been in a Ponzi state for
> many years, and now the reckoning is coming because you can't run
> these schemes indefinitely 'cos you run out of punters to take the
> money from. We've done that now, and Governments are printing the
> monopoly money whilst we all get used to being as poor as we really
> are but didn't know it. So ... the best game in town is buy what
> the government will buy or not let go down. And do it internationally:
> this game is worldwide.