Spy Guy Brief: PIMCO + Blackrock = Germany’s GDP. Wait what?

What do you know about bonds?  Two guys run two bond firms that equal the size of Germany’s GDP. Germany’s economy produces the fourth largest GDP in the world.  Isn’t that a strange sentence?  Two guys run a couple of bond firms that have the same economic output as 80+ million Germans.  I’m sure it’s fine.  Their probably very smart and have proper SEC oversight so there’s definitely nothing to worry about.  Probably time to read about bonds. :(

Tinga