When does money run out of time? The countdown begins when investable assets pose too much risk for too little return; when lenders desert credit markets for other alternatives such as cash or real assets.
                                                                                    
                                        
                                        
                                        
                                        
                                                                                
                                            
                                                
                                                    
                                                        "Credit Supernova!" by Bill Gross, www.pimco.com. February 2013.