UK hooked on debt, PIMCO boss warns: “warning that the US would turn into Greece within a decade “

UK hooked on debt, PIMCO boss warns Britain is part of a debtor nation “ring of fire” where bondholders are at risk of being “burned to a crisp”, the head of the world’s biggest bond house has warned. The UK is in PIMCO’s rogues gallery of debtor nations that need to wean themselves off borrowing…