Jim Rogers - What Recovery? America's Problems "Getting Worse, Not Better,"

[eastariel]

America is plagued with problems. We're nearly bankrupt, we're at war, Monsanto seems more dangerous than all the terrorists combined, jobs are scarce, the economy is weak, and many of us feel like we're losing our own country.

But we're FREE! And because we're free, we can fix these mountainous problems. These mountains seem so big when we act as individuals, but when we're one nation united, they shrink down to golf ball size.

All it takes is all of us doing everything we can to save America.

[mikei4455]

@eastariel Unfortunately, most people don't care anymore :/

[eastariel]

@mikei4455

LET FREEDOM RING!

1. Question everything

2. Think for yourself

3. Vote for truth-tellers, not for PR masters

4. Choose love, not hate

5. Stand up for others, including yourself

6. Turn off the TV

7. Read

[MrIzzyDizzy]

government is not printing money - the borrow it from the fed at interest -and the fed -well they print it out of thin air and loan and also charge interest -of course someone is going tobe unable to pay because the principal is 100% of the money supply

[edarotag84]

please let the fed act of 1913 end in 2012, those guys have done nothing but rape us normal folks, and made the banksters super rich!

[ScottieMeyer]

19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the Lord: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

Ezekiel 7:19

[ChrisPCrunchy]

The regulation that is needed is the regulation imposed by nature. If you dont work you dont eat. If you dont produce something you can consume something. If you dont earn you cant spend, We need a currency that cant be printed at will by criminal bankster. We need to return to the Gold Standard. We need to turn our back on big government and the criminal money shufflers who have no idea what an honest days work is and become self sufficient, Anything else just leeds to slavery!

[bellcord]

@ChrisPCrunchy Don't look now but a sabretooth tiger just ate Grandma..ah hell, she hadn't earned anything in years anyway..

[August1977]

Jim Rogers is a global investor who does not like to use words such as 'trade deficit' and 'free market corporatism', they come on TV to make the government look bad when the real problem is caused by import deregulations undermining domestic production and draining money out of national circulation.

[DrPoon]

Duh...

[Snowandrews]

America. Learn to live a different life-style. Your economy looks terminally ill. - Half a year after this first aired, you economy looks just as terminally ill, as ever. - The question is, will you go quickly, or will you go slowly ? - If you take your medicine NOW, it might to be terminal, you might servive.

[james64468]

Bailouts dont work. We should be doing is cuting spending. The government and american people (myself included) should be living within their means. One President tried to spend his way out and made the great depression. History does repeate itself in one way or another way. 

[pretorious700]

@james64468 Actually, bailouts work just fine-for the banks. There is really no pretense by the government anymore that the bailouts were for any other reason than to save the banks.

[james64468]

@pretorious700 The banking system does not need to be bailed out. Let the bank fail. Let business fail. Then they can start over again. The banking system is unconstitutional in first place. George washiton did not want a central banking system. He knew how powerful it was. I disagree with you that bailouts work. THe economy is very weak becauses of the bailouts. If we did not bailout them out maybe the economy would be strong.

[pretorious700]

@james64468 I'm 100% in agreement. What I meant was if the purpose of the bailouts was to save the system of corrupt banks, then they were successful. This is by no means an endoresment of the practice.

[baigandine]

"They boomed after three of four years of horrible pain." OK, Jim, you sold me.

[Thetruthishere11]

People voting for money is NOT DEMOCRACY nor a Republic.

Anyone who receives government largess shouldn't be allowed to vote.

[Clarissa2424]

All this talk about US getting worse? It is the European Union that is in crisis now.

Not to mention the rising interest rates in China, where Rogers lives. China is trying to curb inflation by raising interest rates. China also had a stimulus program and China over-did it.

Too bad, Rogers could not have predicted the Euro Crisis.

But, now, Rogers probably say the same thing about Euro Union now?

And the world is running to the US dollar.

I know, I know Rogers is a terrible market timer.

[jayangli]

@Clarissa2424 Jim rogers lives in Singapore.

[ralliart2000]

@Clarissa2424 This is not just the short-term he's talking about. This is going to play out over decades if it isn't ended soon. The inflation in China was a result of the dollar peg. What's really inflating there?

[14sJakeB190]

What happened with Japan?

[thorshammerhurts]

hey guess what obama was EVERYONES underwriter when they got those sub prime loans.

obama was the one that got us into these illegal wars to find "weapons of mass destruction" and to find ghost bin laden.

obama was the one that started the horrible habit of borrowing from china to fund these wars.

obama was the one that originally brought up the idea of a bailout, not paulson and bush.

obama decided to build those crappy SUV's not ford or chevy.

its all his fault.

[thorshammerhurts]

oh right, and then i woke up into reality.

start taking responsibilities for your own actions. even einstein himself would not be able to get us out of the mess we are in right now.

[sambking]

Why would anyone want to be an interviewer on a subject that he has no idea about? This kid obviously has never read any von Mises or Hayek, etc.....He questions prove this. He looks like such a fool. Why would anyone want to make themselves look the fool?

[florgat91]

Lyndon Larouche has got game

[62636263c]

If someone could tell me ( the general public ) when the butterflies, and bunnies, and sunshine comes back, so I can pull my head out of the sand, it would be greatly appreciated.

[whateverujoke]

@62636263c I try to settle down by running through a field of flowers. If I see that bunnie you'll be the first to know

[salchih]

Gold and silver are our hedges from inflation. The real change beings when each individual faces reality/facts and takes the correct actions to better their own life.

[buzzadler]

All of you out there who think the Government (obama, bernanke, etc) are "ignorant" and "foolish" - need to WAKE UP a bit and "re-think your thinking" like Robert Prechter said recently on King World News. The fact is, the government has an Agenda, and the system is working out quite well for them. Federal Pay is at an all time high, The gap between Rich and Poor is at 80 Year highs, and according to EU Prez, Mr. Rompuy 'We are all celebrating our first year of GLOBAL GOVERNMENT." Enjoy.

[lamiac2411]

@buzzadler Well said my friend! I think it is about time that people realize these officials are very far from stupid. This was all planned for us long ago and once everyone wakes up and stops thinking that this is just the work of stupidity the faster we can correct the problem

[RiteSedFred123]

biggest joke ever, the banks bonus' is 100% of tax payers money Gormless Gordon Brown and that stooge Darling should sqaure up to the greedy bastards and tell them to piss off,, I mean they're running around saying lets cut this & lets cut that,,,well you're about 8 years too late Gordon !!

[ashkenazimindcontrol]

i agree. the economic recovery attempt isnt doing that well. Be extra careful with your savings and spending and be mindful of longer term inflation-devaluation threats.

[Orchard6773]

Jim is right on. Obama and Friends are purposefully tapping us out (spending) to get Americans on their knees.

Then they can raise taxes much more easily and get their wealth redistribution and reparations programs through with lower resistance.

Hoax and Change!

[TheNRA4ever]

Great interview, and THANK YOU JIM ROGERS FOR SPEAKING THE TRUTH !!! He is right on the money !! The obama, geithner, bernake group are a bunch of morons who have no idea what they are doing...too big to fail my ass !!! I am a small business owner...if I fail, no one is gonna bail me out..... STOP PRINTING MONEY YOU IGNORANT ASSES, AND LISTEN TO PEOPLE WHO HAVE BUSINESS SENSE LIKE JIM ROGERS, PETER SCHIFF, RON PAUL, & MITT ROMNEY

[dleksen]

mitt romney? has he ever talked about austrian economics?

[TheNRA4ever]

Mitt Romney has actually WORKED...he has actually run a SUCCESSFUL BUSINESS, he has work experience, unlike the piece of shit that is obama

[BringBackCapitalism]

"They're taking money away from people who would spend it wisely, and giving it to people who will waste it again" Prechter.

I think Jim Would Agree with this view on the current policy.

[salchih]

Jim was saying something similar to last spring/summer! It is sad how "the people" are being ripped off in plain site and they continue to rely on government to "save" them!!!

[Lingerfoot]

Sir, how is the government ripping people off in plain site? I don't understand, are you talking about Fractional Reserve Banking?

[mrzack888]

I live in America. I don't enjoy watching these clips.

[siasina]

Lol Jim Rogers is great.

[vsaldanas]

What happen to the Weimar Republic in 1919-1933, dealing with hyperinflation. Is going to start to happen in 2010 to the USA. This will last for the next seven years. Up until the year 2017.

[jhunted7667]

I don't think that it will go to 2017 , your taking for granted that nothing happens in between if war happens the bankers get theiir depopulation that's what they are looking for and when dec 21, 2012 comes around maybe something will happen maybe not but if the earth comes to the end , the people left will have to rebuild so there will be basic money and a building boom

[salchih]

There will be 2 big waves of "baby boomers" who will have to begin withdrawing funds out of their retirement in 2013 and 2015. When there are more people withdrawing money out of the stock market, well you all are smart enough to see where this is going!

[andyeza]

...that is if they have any savings left in their retirement accounts.