Author Topic: Runaway govt spending has put America on the brink of catastrophe!  (Read 403 times)

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Christians4LessGvt

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Runaway govt spending has put
America on the brink of catastrophe!


Kashkari Says U.S. Debt Default Would Be `Catastrophic'
"Mr. Gorbachev, tear down this wall!" - Ronald Reagan - June 12, 1987

BT

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Re: Runaway govt spending has put America on the brink of catastrophe!
« Reply #1 on: April 12, 2011, 11:09:59 PM »
Didn't this guys company dump all its US debt holdings?

Christians4LessGvt

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"Mr. Gorbachev, tear down this wall!" - Ronald Reagan - June 12, 1987

Xavier_Onassis

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Re: Runaway govt spending has put America on the brink of catastrophe!
« Reply #3 on: April 13, 2011, 12:26:39 AM »
Being as Pimco is the biggest bond fund company in the country, I seriously doubt that they have sold all US government bonds. Pimco sells bonds from everyone and everywhere.
"Time flies like an arrow; fruit flies like a banana."