I like to think that I go through life with a pretty good understanding of what makes people tick, and so surprises like this one can leave me baffled. I first saw a blog post about this in the WSJ, and I couldn't tell if the letter was tongue-in-cheek, or if this bond investor was really recommending we work our way out of the financial slump we're in by being even more fiscally irresponsible... but the full letter didn't really clear me up on that too well. I suppose I understand his economic argument, I just think they're wrong. Maybe it's over my head, or maybe it's just ridiculous.
Dear President Obama by Bill Gross.
The only other thing I have to say is that I just couldn't possibly picture one of the partners at my firm putting this on the company website.
