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Bill Gross Warns of Financial Market Implosion

Bill Gross starts 2012 with a bang in a new note titled “Towards The Paranormal”, with “paranormal” being an international successor to PIMCO’s famous ‘new normal’ descriptor.

Gross’ letter is very gloomy.

The world has too much debt, too little trust, and is vulnerable towards total collapse.

Read more: http://www.businessi…1#ixzz1iUxBMbrT

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