Jim Rogers there is no such a thing too Big to Fail !!!!!

[xadam2dudex]

this is dumb...the people who did this are all of the people who are in the industry..there is no one left to take over...but too big to fail is crazy...put the crooks in jail is the cure

[vwnclubb]

i agree that too big too fail is a slap in the face 2 all the virtues of capitalism; no failing business should be protected by the government. if the business makes mistakes, they should go under and let the little man finally get his chance to take a greater portion of the market share. that is capitalism (and i am speaking as a black registered democrat), i mean common sense is common sense.

[GTX1123]

This guy is right on the MONEY - PUN intended. hmmmm...My house sits on a 1/4 acre. Looks like I need to start bustin' some sod and plaintin' some seed.

[aviomaster]

In YUGOSLAVIAN and Eastern European economic break down , Eastern block , which started in 1992 farmers had food to eat ... people in cities were desparate ,they did not have anything to EAT , cause no one would take their devalued MONEY.

Farmers were selling their food for hard cash foreign currency which had value , Deutch Mark , Swiss Franc, Dollar, If you had any of those.

[farrazano]

Immigrants allow themselves to be exploited so their offspring will never know the despair of that life. The slave always has a plan to become a master.

[Tunedup81]

no sense in starting battles but farming communities dont need millions of hands keeping their fields up... I myself would rather hire an Immigrant whos hard working than some democrat from a big city would would mostlikely argue about Crop rotations.. etc.. and mostlikely my statement here lol. For your sake I hope Jim's wrong.. he is afterall teaching his kin chineese.. smart man that Jim.. guess thats why he's rich as hell lol.

[Seano71]

he started from nothing, so he knows something for sure.

[gammagoes]

The two farmland funds Jim Rogers is involved with are:

Agcapita Farmland Investment Partnership (Canada)

and

Agrifirma (Brazil)

[stevesprinceofsteaks]

It's hard to believe that the ChiComs are handling their economy in a more capitalistic way than the US. Cut the capital gains to 0%. Investing in REAL stimulus projects, not pork like Obambi, Bush, Reid , Botox overdose Pelosi, and the rest. Jim Rogers is going to be proven right. It may be a year or longer, but history repeats itself and he is smart enough to realize that.

[dan020350]

Indoor agriculture and aquaculture ' new ways of farming'; so, look for the opportunities there.

[cpswyl2]

Can anybody explain to me the wisdom of investing in farms rather than just agricultural commodities? There's weather risks, pestilence, diseases, weeds, convincing farmers they should set up down the road on their own, etc.

[Geist632]

I want my free car---and house-----and boat------and rims

[JLaw4RonPaul]

God Jim Rogers is the man. Rogers is pretty much right on about everything. Funny thing is, all it takes is a vague knowledge of history and common sense. Too bad 99% of politicians are retarded.

[CarryANation]

How is he "right about everything"? This was a typical libertarian style anti-government rant. Sure there's some truth in it, but not all that much.

Markets don't exist without governments. The fact that Rogers is moving to China shows what kind of government he prefers. He prefers how the Chinese manage an economy to how the Americans manage the economy. He doesn't like America, fair enough.

[OptikNerv1138]

"Markets don't exist without governments" ...I you've never bought weed from a guy on a street corner have you? Ever been to a garage sale? Farmers market? Market's exist IN SPITE of governments, not BECAUSE of governments.

[CarryANation]

You're right I should have said "free markets" because black markets and markets without social order are certainly not free of coercion, fraud, or violence.

[ocpproduct]

Actually he moved to Singapore which is an independent city-state. Don't reinforce stereotypes about American ignorance of anything outside of our borders. Credibility is lost.

[CarryANation]

sorry I thought he was moving to Hong Kong not Singapore. The equivalent of mistaking someone moving to Berlin or Brussels. My bad.

Either way, Rogers prefers the Chinese approach to markets instead of the Western, fair enough he's a smart guy.

[readthepaper]

"Markets don't exist without governments."

That is one of the dumbest statements I have ever heard. Tell me, what can the government do more efficiently than the market? The problem is that the government constantly distorts the market. Oh no! People voluntarily exchanging goods and services without bureaucrats to steal 40% of their income, how could that ever be viable!

[CarryANation]

Markets free of force and fraud, i.e., your idea of a "free market" doesn't exist without a government.

"Tell me, what can the government do more efficiently than the market?"

You people are hardly different than the communists, so blinded by your ideology you can't see reality in front of your face.

[readthepaper]

So a market would have no interest in developing any mechanism to counter fraud? Look at fractional-reserve banking, which is clearly fraud that the government not only allows but encourages. Without the Fed/FDIC, the banks that commit this fraud go out of business very quickly. Don't bother thinking about what the government could do more efficiently, because it can't do anything. As far as force, that would require resources. For the government, they can just inflate/steal.

[johnedwards1968]

What is there to prevent fractional-reserve banking without government regulations? Your arguement makes no sense.

[readthepaper]

Fractional-reserve banking only exists because of the government; the Fed and FDIC make people not care if the money is loaned out poorly. Without the backing of government, both depositors and competitors would call on banks for redemption of specie and if they could not fulfill such requirements they would be bankrupt. There would also be a distinction between demand deposits and time deposits in a free market.

[DANTHETUBEMAN]

@readthepaper if the government made fractional lending eligal we wouldent have thease problems,,lol you will never hear that from obama admin

[readthepaper]

@DANTHETUBEMAN The government doesn't need to exist, let alone make fractional reserve baking illegal. The market would keep all banks credit expansion limited because they wouldn't have the government there to bail them out. They'd have to compete on safety, not just return.

[commonsense2008]

@JLaw4RonPaul well said haha.

[DANTHETUBEMAN]

@JLaw4RonPaul yea this is reality get you money in to tangable acets

[Initontool]

Very good

[jibbi4one]

This was good...like Rogers said, take the hit now make it short and sweet and don't reward financial corruption.

Stable growth is reality around the corner.

[jman375]

Damn ! If i win the lottery I would buy a farm!

[IndyPromoter]

Farming eh, maybe if they legalize marijuana

[croz9912]

does anyone think that Jim might not be as bullish on commodities as he says he is?? Does anyone think that jim might be advertising this commodity index, in witch he in fact reseaves 1.75% annually from any outside investors. Lets hear what people think? is Jim a greedy salesman or is he really confident in the future of commodities?

[Justbeatit999]

I LOVE JIM ROGERS! By the way guys, I ALWAYS go to financialtruth0.blogspot . com because they post all the latest videos there of JIM ROGERS, MARC FABER, PETER SCHIFF and RON PAUL!!!! Thanks for uploading anyway!

[micsc50]

Obama is going down. This is what happens when we elect an inexperienced left wing liberal and a bunch of criminal tax cheats to run this country into the ground. All they care about is power.

[ocpproduct]

Public Service Announcement: Jim will be on CNBC Wednesday, 7 PM ET on the Kudlow report.

[stockgunslinger]

He will school Kudlow!!

[ronpaulflash]

totally agree.

[BooBTuberToo]

Keep the video's coming man! Down with this Idea of Bailing everyone out.

[FinancialCrisis2008]

Well done Jim. I am betting Jim is right and buying his commodity fund indexes. If anything, these will bounce back quicker than the general markets. We'll see if he is right!

[SlyToocan]

Well Done Again JIM.......

[GTV911]

great interview. negus did a great job cutting to it aswell

[ocpproduct]

We have the ex-NY fed chief Geithner as treasury sec. You have the idiot Summers as some "economic" BS advisor. We have a president who is a career politician and attorney who due to lack of any real experience turn to the same lot for economic advice in order to promote "change." We have Nancy Pelosi as the speaker of the mouse. You have congress who thought it was good idea to give trillions to people with proven history of bad credit. The whole point is our gov't is our worst enemy.

[american2american]

Why is it that those in Washington with the exception of Ron Paul, don't understand this basic understanding. Jim Rogers and those in the like need to be heard! What is Going on in this Nation???? All the wrong decisions are being made! IMO, the US has seen its best days.......sad.

[klined]

They UNDERSTAND. They just have a different priority. They are not stupid, they are evil and self-interested.

[CarryANation]

"They are not stupid, they are evil and self-interested. "

Agreed, but who is not eveil and self-interested?

[starlight1946]

Every speech I heard Jim Rogers talk on he says "become a farmer". Yes, there is the fix, let everyone have an acre or two of land and be free to farm it or raise farm animals. Go visit the Amish and see how well they farm and live without electricity. They use the horse buggies to travel in. If we continue how it is now we are heading for a faster down fall. I am starting to think this is what the Insiders want. To see the poor die off.

[wuddychunk1]

Loved the line "Pity Jim didn`t tell us what he really feels"

[Steenville]

"Mr Bernanke has been wrong three hundred weeks in a row!" . Jim Rogers.

[Nexus974]

That statement deserves 10,000 thumbs up!

[GnosisTruth]

Farmers with Lamborghinis FTW lol

[TheFlex21]

GET 'EM ROGERS GET 'EM!!!!

[teewillis1981]

That interviewer is a fool.

[lisajason111]

since i live in aus i have to say George is a brilliant political journalist. Economics and Finance just arent his profession.

[teewillis1981]

Ah thank you for the clarification, but I know that if I were a journalist, I would make sure I was well versed in economics when interviewing Jim Rogers =o)

[TheFlex21]

he's better than all the ones on cnn, fox, and the bbc

[ocpproduct]

Then the answer is simple. We get rid of the politicians and the bankers. No wonder they bail each other out. Fed prints money to continue the biggest Ponzi scheme in history to keep the sheeple in control and the politicians give them continued absolute power over monetary policy. Long live Austrian and Chicago school and eliminate the federal reserve!

[teewillis1981]

Beautiful response my friend! I agree with the whole lot!

[Oztrigger4]

Ive always figured Jim Rogers to be a Monetarist, but he sounds more like an Austrian every time I hear him speak...I wonder if he will push for a gold standard soon...

[myrelative]

he has talked many times about austrian economics.

where did get that he's a monetarist?

[eyewitness043]

"George, go become a Farmer" -JR

Classic!!!!

[isisarchist]

The Federal Reserve & Treasury both advised and supported Obama's massive "stimulus". They said they didn't care how the trillion of borrowed money was spent as long as it was borrowed. We have got to stop being blinded by parties & see the writing on the wall. The same people pulling Obama's strings were pulling Bush's.

The Fed threatened them with economic annihilation if they didn't meet their demands & they both have appeased the terrorists, the Fed, & soon they will rule the world.

[isisarchist]

If Bush was still in office he would have done the exact same thing, perhaps spending the trillion differently but he would have spent it nonetheless. Don't be fooled into blaming "dems or cons" we are under attack.

They have scared & threatened our representatives who don't understand monetary policy well enough to stand up to the Fed.

Google: Bush Increasing Minority Home Ownership 2002 & tell me this "crisis" wasn't intentional.

[jtravis282]

Politicians are concerned about getting reelected. So they been throwing money around hoping something works before the next election. I can't keep up anymore on all the bailouts and stimulus so far. Last spring/summer they gave everyone stimulus checks, that was 150 billion dollars, what did it do? Nothing. The auto companies are on their 3rd bailout. And trillions for financials, AIG just asked for more. It's crazy. The national debt is insane. America will be crap for decades.

[isisarchist]

Besides the "stimulus checks" we recieved gas prices have dramatically decreased which gave each of us an extra $20 bucks a week & that hasn't helped one bit either. The Fed is bankrupting the entire world on purpose so every country will come crawling to them begging when there is no more "stimulus" left to print.

What better way to take over the world than to have the world beg you to do it.

[ocpproduct]

I have to move to Singapore. Jim has way too much common sense and why in the world are we still allow a private banking cartel control our money supply? A banking cartel owned by foreign interests.

[edmack4me]

Because the bankers purchased the politicians.

[yoky25]

the unite nations will soon take the control is in the book of revelation

[drusha1]

bahahaha. good one, but surely not gonna happen.

[NeoChalcedonian]

"You're bad for my nervous system!"

[san4466]

Jim roger's ' Truth" hurts huh ?

[Dakarah777]

Maybe if he keeps saying the same thing long enough, someone in government will get it. NAH!!!

[dogatron]

"george go become a farmer" hahaha

[sungmee45]

Why won't anyone just listen...Jim Roger has nothing to gain for telling others the real truth...People are to depended on government...I could see how bad things will be...government are totally out of control, they don't just get it!!...Very sad..

Great video and information

[Zeldovich]

That's not true. Rogers has his own portfolio and if it's weighted primarily with commodities, foreign currencies, and other overseas investments, then it makes sense to run down the US and Europe. It helps his own holdings.

[ednan9]

He made a lot of money back when he was with soros in the quantum fund, he was the brain of the fund and soros was the trader. He doesn't manages other peoples money and Naturally he is going to make bets that he thinks he is right. If you think he is wrong then I suggest you bet against him...lets see who wins!!

[medliberty]

Stimulus proponents actually say that the reason that Japan experienced problems in the 1990s is that they didnt spend enough! Wow! They should have blown even more money on zombie banks, according to them!