11/2/2007-Part 2 Jim Rogers Interview On Bloomberg

[jarhead1857]

Man, one smart guy

[pretorious700]

wow, Betty is way fine

[Tasadaru]

"Abolish the Fed and resign." Hmm, I wonder who also said that? Oh yeah, Ron Paul! Go figure.

[clint0nify]

@Tasadaru Jim actually supported Ron Paul in his campaign. Theres an interview on here somewhere just do a "ron paul jim rogers" search.

[KLguy133]

Reserves are not held in raw currency they are in the form of US treasury bills which are in USD not Euro or GBP or anything else.

PRC were fools they were suckered into buying tons and tons of Tbills and now they got this problem.

[caganb]

How come our gov didn't see any of this? What the hell is wrong with our leaders? Why are they in office? I guess to go to fancy AIG parties at our expense

[KLguy133]

Jim is wrong on 1 thing: As much savings and reserves " Asia " has, they are all denominated in USD, if the USD goes to the shits so do all these reserves. Plus PRC DEPENDS on US FDIs and the US market, if that goes they get BFed too.

[kyakko]

my understanding is that the prc no longer just pegs the RMB to the US dollar. instead, it's spread across several currencies, including the euro and the dollar.

[enochqin]

How possible this guy know it last year?!

[avisionofsorrow]

Many people like him have been writing and warning about this for over a decade. If you understood and followed current economics you could have seen it yourself. None of it happened over night.

[sugarpuddin88]

Bernanke bailed out Bear Stearns earlier this year despite Wall Streets record Christmas Bonuses

Next the 12 trillion dollar Freddie Mac

Today it's Merrill Lynch

[ircjunk2004]

Isn't it interesting? 8 months later. He is dead right.

[phvalue323]

You dont get it, do you? This system of control is bigger than national governments. Any elected official is a grub in an ocean, especially one legitimately elected by the people and not one by the money trust. The fed isnt going anywhere abscent a sociopolitical evolution rather than re-evolution aka revolution. The same old shit is worthless. The true owners need to realize their place, thats what needs to happen. The people of the world need a leader for the new age of mankind.

[dan020350]

abolish the fed and resign, if that happens will not U.S. dollars currency completely dies and Amero come

[phvalue323]

The super-inteligent people that run the world, got that way by knowing how to get shit done. They see us as cancer, and for the most part, the retarded public is a cancer, the only thing to disagree with them on is their means. There are way better ways to change the world for the better than war, famine, and pestilance. Education, Information, Progression in production. Instead of supressing the people, we should be improving them.

[dan020350]

vote for a chuck baldwin to abolish fed reserve

[bushisacoxucker]

uhaegde,

I say the same RAISE FUCKING INTEREST RATES, NOW!

The problem is that the dollar is fucked up, and if the rates increase, they´d have to be raised a good 20-50%, killing the American economy. Home prices would go to the floor, and so the dollar.

Now imagine people selling those T-Bills and the US government unable to pay them. Which must happen some day.

US is fucked.

[danpt2000]

"Level 3 Accounting"

"Level 3 Assets"

"Remember those terms, you're going to hear that alot in the next few weeks."

[brnoamik]

Rogers just wants some of that yellow poontang! HAHAHA What a fuckin pervert, man!

[streetsmart1980]

Jim Rogers said Bernanke should abolish the Fed and resign.  Strong words.

[nibelungensohn]

watch?v=lTXEWh2yT_g

[Tasadaru]

Guess who else shares Jim's idea of the Fed? Ron Paul. That is why we must elect Ron or else we will all be screwed. Ron Paul 2008!

[InTheSticks1881]

On another video he strongly states to the effect that "only Ron Paul has a clue about how the world works". Ron Paul would like to abolish the Fed.

[jb2134]

I've posted in a few Jim Rogers clips...you can't learn enough about him IMO if you want to get away from all the noise on CNBC/talking heads and make real money.

Read his books, and go through old interviews of him, and you can see how he makes decisions, his thought process, etc. On tv he can sound kind of crazy, but he's not pulling his opinions out of thin air.

[PhilDeCarolis]

Thanks for the feedback. I will try to post any interviews I can locate of Jim Rogers.

[wpariah]

Thanks for posting this!

[MaverickCentricity]

"I would abolish the Fed and resign"

Best Quote Ever

[KingGalbi]

When the dollar loses 50% of its value from where it is right now, I will think of this quote.

[nibelungensohn]

watch?v=lTXEWh2yT_g

[bandit2888]

Great Videos keep them up!!!