More happy talk from Bill Gross: “The standard of living in the US is likely to go down with the dollar, as “we’ve spent too much” over the past 20 years…

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1 Jon Stewart goes TeaParty
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Well that is what MiM has been saying, that our standards of living will go back to the 70s under this economic policy! Ugh! Are you ready for your Carter on steroids malaise?CNBC:(…) “The new normal basically recognizes that we’re in an economy that’s de-levering and that we’ll move to an average level that’s lower [...]
Oct
28

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