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The U.K. and almost all of Europe have erred in terms of believing that austerity, fiscal austerity in the short term, is the way to produce real growth. It is not. You've got to spend money.
Bill Gross
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"The U.K. and almost all of Europe have erred in terms of believing that austerity, fiscal austerity in the short term, is the way to produce real growth. It is not. You've got to spend money."
— Bill Gross #moneywealth

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The U.K. and almost all of Europe have erred in terms of believing that austerity, fiscal aust…

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The U.K. and almost all of Europe have erred in terms of believing that austerity, fiscal austerity in the short term, is the way to produce real growth. It is not. You've got to spend money. — Bill Gross

About Bill Gross

Bill Gross was a Businessman from United States (1958–present).

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Frequently Asked Questions

Who said "The U.K. and almost all of Europe have erred in terms of believing that austeri…"?
This quote is attributed to Bill Gross, a Businessman from United States.
When did Bill Gross live?
Bill Gross lived from 1958 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.