Bill Gross said the following on a Bloomberg interview:
"... "intelligent" investors should know there is "something really wrong with the system" and the "artificial system might implode." He added that the "guessing game" of when such an event might occur has been extended to 2017, 2018 or 2019. At some point the system could suffer an implosion," he concluded."
Of course, he has been warning of dire consequences for some time now. Who knows when the inevitable "implosion" will occur.
Read more: http://www.benzinga....h#ixzz47930B3Tm
