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Wednesday, March 9, 2011

World's biggest bond fund dumps all U.S. debt

Another sign of the dollars demise, Obama has almost succeeded in destroying America!

Gross Eliminates Government Debt From Pimco's Flagship Total Return Fund

Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., eliminated government-related debt from his flagship fund last month as the U.S. projected record budget deficits.

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