Bill Gross: US Addicted to 'Budgetary Crystal Meth'

Crystal Meth: Bill Gross: US Addicted to 'Budgetary Crystal Meth'
Stocks and bonds will be virtually worthless and gold and hard assets will be the only investments worth having unless the U.S. tames its addiction to debt and deficits, Pimco's Bill Gross said Tuesday….
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Crystal Meth: ‘Budgetary Crystal Meth’ Risks U.S. Haven Status, Gross Says
Pacific Investment Management Co.’s Bill Gross said the U.S. will no longer be the first destination of global capital in search of safe returns unless the gap between spending and debt is addressed.
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