If companies don't know that they can run out of money, they won't be thinking of ways not to run out of money.
Bill GrossDollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries.
Bill GrossWhen the tide goes out, you get to see who's swimming naked. PIMCO has had its bathing suit on for a long time
Bill GrossImperceptibly, the developed world's manufacturing base was gradually eroding and being replaced by securitized finance that destroyed itself and nearly its economies in 2008.
Bill Gross