Beware ‘Credit Supernova’ Looming Ahead

Posted by Bill Gross of Pimco

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Pimco’s Bill Gross looks at the investing universe and sees a dangerous supernova – a looming explosion that could see investors lost in space.

The head of the Pacific Investment Management bond giant has issued an ominous forecast in which he worries that the global central bank-induced credit bubble “is running out of energy and time.”

…..read much more HERE

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