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Bond Billionaire Bill Gross: I Got Rich At The Expense Of The Less Well-Off And Now I Feel Guilty
Bill Gross' latest monthly PIMCO Investment Outlook is out, and it spends some time discussing the massive wealth disparity in America. "Having gotten rich at the expense of labor, the guilt sets in and I begin to feel sorry for the less well-off," he writes. Gross calls for the wealthiest Americans to support higher taxes rather than be "Scrooge McDucks." From his note: Having benefited enormously via the leveraging of capital since the beginning of my career and having shared a decreasing percentage of my income thanks to Presidents Reagan and Bush 43 via lower government taxes, I now find my intellectual ... (full story)
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"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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vox dei
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"To hold, you must first open your hand. Let go." - Lao Tzu
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Spreadbetter
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"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR