Gross Says U.S. Must Spend to Avoid Mini Depression

[etftalk]

Bill Gross, co-chief investment officer of Pacific Investment Management Co., said the U.S. may slump into a “mini depression” unless policy makers spend trillions of dollars to spur growth...

More: http://www.bloomberg.com/apps/news?pid=20601087&sid=aisUgNlpOK.Y&refer=worldwide