PIMCO's Bill Gross: "Stay Out Of Euro-US-China Menage A Trois"

The global economic system has become a “tri-party disharmony teetering on divorce,” according to the bond king, Bill Gross. Co-CIO at PIMCO, Gross sees Europe as tearing itself apart internally due to cross border struggles and the U.S. suffering from a “thinly disguised battle between labor and capital,” with China and the Asian economies progressively getting more and more tired of so-called debt-financed consumerism.

For more: PIMCO's Bill Gross: Stay Out Of Euro-US-China Menage A Trois - Forbes