Jim Rogers The Dollar is Toilet Paper

[nokia3210fuck]

Why doesn't the US just sell Alaska to the Chinese to pay back their debt?

[Luchik44]

To all those who believe this:

I will give you a ROLL of toilet paper for every $100 you give me! I'll throw in a twinkie!

[dragons1037]

Sinitskyd Which means toilet paper is MORE valuable than toilet paper, at least toilet paper has a use !

[ihahahayou]

Toilet paper actually cost more today

[krimcalian]

Mr. Rogers, I like you =)

[IDCbitchass]

The dollar is not toilet paper, it can be more than that, u can create a suit out of dollars

[OUWATZAHLE08]

WHAT DO JIM SAY IS THE DOLLAR SOON HISTOREY?

[InvestOffshore]

It's hard to argue with his perspective, just hope the timing is later rather than sooner.

[EconCat88]

Jim Rogers if not the best, is one of the best financial people in the entire world.

[vanityvideo]

@EconCat88 and that is enough reason for presidents to never pay attention to him, its insanity really when you think about it

[aviomaster]

aztecking21122012 -- Dollar reserves in other countries and demand for dollars is still strong , keeping dollar STRONG. Dollar is backed by nothing , When China Russia Saudi AArabia start using something else for their trade , than YOU will see what HELL means personally I do not think USA will wait that long EXPECT WW-III..

[aviomaster]

IF this economic crisis happened in any other country This would create Soviet Style economic depression.

thanks to Dollar reserve currency but not for long.

[aztecking21122012]

@aviomaster What reserve?

[Richardatf]

Yes, but its not soft and it don't take shit off nobody.

[nosupecualponerme]

why this rats saying the we owe so much money/ hell we never have it on our hands,did u see those trillion shit they said we owe>,matter of fact if is true what they said ( i dont belive it)some rats at the whisehouse keep that money n wasted on fuckig wars n space trips n pass the bill to u and now they said we r on dire straits., fuck them.we dont owe shit at all

[TheMundusvultdecipi]

@nosupecualponerme

usdebtclockDOTorg Also note the last 3 numbers in the bottom right corner!

Welcome to reality...

[HarvardBoxer]

The USA is bankrupt, thats a fact.

[kalitexnis10]

Every time I hear Jim Rogers talk, I feel like having a glass of good old fashioned country time lemonade...

[kevreilly7]

If I predict a major hurricane to hit NY city everyday for thirty years,,, one day I will be right----LOL

[BelieversinThings]

@kevreilly7 If you predict hurricanes accurately enough to make a good living off of it for thirty years. I'll listen to your predictions.

[kevreilly7]

@BelieversinThings - Who has seen his monthly performance numbers???----No one in years--All he says is buy,buy,buy,,--I remember him saying buy gold at 400 back in the early 90s---- 9 years it finally bottomed at 260-nice timing-LOL--My point was if your a billionaire, like him, he dables,  he doesn't even feel a 20 move down in gold ---- He admits it himself he is not a good trader--take the title for instance----"the dollar is toilet paper" 3 months later it btms,then rallies straight up--LOL

[BelieversinThings]

@kevreilly7 How did he become a billionaire in the first place? He admits his timing is bad in the short run, but he knows the laws of economics. It's not as much of a guessing game in the long run. Printing money makes it lose it's value. It's supply and demand.

[rmccay88]

@kevreilly7

I hate to pile on but listen to the other guy, he's right. People like Rogers, Schiff, Faber, they are all pointing out the very flawed fundamentals of our economy that will lead to problems in the medium and long turn. They aren't day traders looking to make a quick buck off the short term movements in the market.

[SuperOriginalGuy]

We're all fucked, don't deny it.

[Yamakashi1]

damn

[Citadin]

Did this air in 2008?

[silverbird58]

the more forien crap we buy , the lest domestic labor, the less our dollar is worth. no secret.. now go out and buy crap at any store. buy cars that are just assebled here. , not not engineered here then blame others..

[tacotony24]

I'm going to use the US dollars to wipe off my ass

[He101A]

Sound currency? That would be mined commodities, like tin, copper, silver, gold, iron, uranium, nickel, palladium, cobalt, etc. It never rots, and you can store it for years.

[whereismybailouttv]

How much longer before the current dollar bubble bursts?

[David12King]

@whereismybailouttv End of 2012 will be close to the end of it.

[phishivore]

funny how he says host sounds like the white house press secretary, then changes to say wall street. they are the same thing. obamuppet is owned by wall st and the federal reserve.

[LetsRapeGovernment]

he was pretty close. dollar ended rally beginning of march

[tiuleihai]

i bought some iraqi currency, its good for wiping azz

[formulaprimer]

They dropped tons and tons of US 100 bills into IRAQ. Forced use of US dollars rather than their own currency or Euros.

[shroomingnewman]

get me some botswana stock! lol

[ggadguy]

If you like Jim, check out Peter Schiff's videos, articles, and his podcast, all on one page at Peter-Schiff . com.

[Jacobrester]

Yes Jim, Peter, Gerald are all ridiculous alarmists!!

[spanishaustralian]

I dont like Jim, I love him.

[andyeza]

lol at 1:03

[jibbi4one]

Jim Rogers is Ok. I agree, it's a broken market system trying to find it's legs to crawl out of a big hole. Personally I see sporatic weak economic recovery for at least few years.

[sinitskyd]

you kidding me? one can wipe arse with toilet paper. Good luck wiping your arse using dollar. Perhaps, if you have a small arse and tiny hands...

[milliradian]

Think instead in terms of spending toilet paper, not wiping your ass with bills.

[coturnix19]

@sinitskyd i heard they make dollar paper from a denim-like fibers. Maybe they can be converted back?

[hellahotdude]

@sinitskyd arse or ass?

[Justbeatit999]

Great video! Thanks for uploading! But guys don't forget that JIM ROGERS is not the only guy telling the truth. There are also RON PAUL, MARC FABER and PETER SCHIFF. I just always go to financialtruth0.blogspot d ot com because they post all the video's there when they come available! Thanks for uploading anyway!

[vassilischr]

also GERALD CELENTE, nouriel roubini and others

[joaharu]

get me more botswana!!