Gross Says Greece is ‘Canary’ in Coalmine For Developed Nations

Janus Capital Group Inc.’s Bill Gross said Greece is the “canary-in-the-coalmine” for many developed economies.

“Pensions, debt write-offs, fiscal policy austerity leading to low/no growth,” Gross wrote today in a Twitter post. “Prefer Mexico,” according to Gross, who said this month he likes Mexican bonds.

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