Breaking News from Moneynews.com Gross: Dollar at Risk as Quick Deficit Fix Unlikely
The U.S. won't take concrete steps to fight its deficit problems until around the 2012 presidential elections, which will make the dollar an unattractive investment until then, says Bill Gross, co-head of Pimco, the world's largest bond fund.
Friday, 27 May 2011
Posted by Britannia Radio at 21:31