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Author Topic: Bill Gross's "Ring Of Fire"  (Read 219 times)

offdalip

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Bill Gross's "Ring Of Fire"
« on: February 02, 2010, 07:27:52 PM »
Ummmm.... Bill Gross and El Ahrian run the Biggest bond fund in the world...... yeah I might listen...



http://www.pimco.com/LeftNav/Featured+Market+Commentary/IO/2010/February+2010+Gross+Ring+of+Fire.htm
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Atash Hagmahani

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Re: Bill Gross's "Ring Of Fire"
« Reply #1 on: February 02, 2010, 11:40:22 PM »
It looks like we will have some sort of spectacular default event. Should be fun. Funny thing is, though, when it hits our shores, it will all be blamed on Greece. No kidding.
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opsec

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Re: Bill Gross's "Ring Of Fire"
« Reply #2 on: February 03, 2010, 01:03:49 AM »
Looking at this ring of fire, would it be correct to assume that the countries will go over the cliff in order of right to left, i.e. Japan first, followed by Italy and so on?
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Atash Hagmahani

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Re: Bill Gross's "Ring Of Fire"
« Reply #3 on: February 03, 2010, 01:22:58 AM »
Not necessarily. Japan is still relatively self-financing. One of the smaller countries, that isn't, and can't get foreign bailout, will likely be first.
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