Welcome to the Vitus Capital Blog!
Notes to myself, possibly of interest to others.
-- Bill Northlich

Tuesday, November 24, 2009

Beware of the US Debt Time Bomb! Or, not

All the serious people agree that the United States faces a debt time bomb. Never mind those low, low interest rates — big trouble is just over the horizon.

Meanwhile, Bill Gross of Pimco has increased his fund’s holdings of US-government-related debt from 48 percent in September to 63 percent now.

But hey, what does one of the most successful bond investors in history know?

--- Krugman, 11.24

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