Let us understand that in addition to being one of the worlds greatest liberal poseurs on a par with the sage and other sanctimonious scoundrels, the bond king likes to stand on his head for an hour a day before the yoga.

Jason Ruspini writes: 

His inequality angle aside, I still feel that the main psychological "national enquirer" message that flows through such pieces is not that man is small next to the state but rather that the state, pensions & entitlements are likely essentially bankrupt, and that arguments citing robust past growth under high tax rates aren't admissible. Note that "left" econ bloggers like DeLong , Yglesias on Slate and Justin Wolfers and Blodget all began promulgating rebuttals to Gross almost immediately. They certainly did not perceive this output as friendly to their fiscal views. They did not seem to read it as "the state should make up for this shortfall", "fund the state instead of business" etc, but rather seemed threatened by it.





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1 Comment so far

  1. steve on August 1, 2012 6:43 pm

    Permit me the luxury of sounding stupid but How can they be secrets if they are released in a book. Isn’t something by definition a “secret” because the public does not know it.

    What can he possibly share in a book that can make a profound impact in my life.

    Books that have made an impact in my life.:

    The Bible
    The Art of War
    Extraordinary Popular Delusions and the Madness of Crowds.
    How to Win Friends and Influence People.
    One Up on Wall Street
    Beyond Greed And Fear
    A Zebra in Lion Country
    The Education of a Speculator
    How to Make Money in Stocks
    The Battle for Investment Survival.
    How to Retire Rich.

    What are ones that you have found remarkable. I am sure there are those with a financial theme that are indispensible.


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