[houeto]

In his latest letter, Kings of the Wild Frontier, crushes the optimism of all those, roughly 4 altogether in the entire world whose combined IQ barely breaks into triple digit territory, who believe that the debt ceiling "compromise" does anything at all for US spending patterns, weather it is for total marketable debt, or the $66 trillion in NPV of future liabilities.

This sentence was written by a "professional"? Good grief.

[RightGeek]

That was one of those who writes under the pseudonym "Tyler Durden" on Zero Hedge. The Gross letter is then below that after the "From PIMCO:".

It occurred to me later that I should just have posted and linked Gross, but I saw it first on Zero Hedge and I guess I sympathized with Durden's ire if not his writing.