Jim Rogers & Mark Faber on Europe Euro, part 3 of 6 May 2004

[LCTesla]

"All positives have a negative" - nice use of the Johan Cruijff quote there.

[bonfirejovi]

I hope he was joking about being an anarchist, there are things that the government needs to do outside of the economy.

[bonfirejovi]

Even at this point the ECJ had a huge backlog so I don't know how they thought bringing in more countries would be a good idea. If you have an EU then you need to make sure that you write a constitution similar to the US constitution where the central/ federal government has VERY limited powers and the Supreme Court/ ECJ can only hear a limited amount of cases. Also the constitution needs to be understandable and brief unlike the disaster which is the Lisbon Treaty.

[special1740]

Why not use Gold coins instead of Euro?

[grraadd]

Jim Rogers is a voice of REASON.

Now we can see that even better.

And the real money is gold and silver - NOT central banks' paper tickets! So the whole idea of Euro is just a waste of time and money.

[tiamattiamatre]

I would like a world where I could go to Egypt and Turkey without a passport...

[johan404]

This was filmed in 2004. The dutch guy was wrong, so far the EU is still a bureaucratic cesspool.

Marc Faber is more of a globalist than I thought. Shame.

Yes, I live in a country within the EU.

[basiclifej]

jim rogers is like the host of a tv show!!! I love it!!!!

[ardburton]

yeah right whst about now and the pushing of the lisbon treaty,we should keep it as trade union only

[rh7onda7]

Faber is an anarchist?

I greatly admire Faber but my esteem has lessened somewhat - I would have thought he might be a libertarian.

What good are anarchists?

[HamiDjoukou]

why the labelling, people are to diversify to put them in a box like that.

[LeakyWicks]

@rh7onda7 what's the difference anyway? liberterians are closet anarchists.

[zoltron30]

this is quite fascinating stuff. but i agree, the bible seems to getting fullfilled...

[dan020350]

let the gov't people work for free and let them have special rights

[dan020350]

these guys are hot

[jeffsst]

N W O IS COMING SOON! damn

[sindbad4u]

the good thing by watching these vids is, that there is still some hope for ordinary guys ,with some general comm sense, to make some money in emerging countries.

I am really surprised about some conclusions drawn here, that do not at all match "reality"; with all the respect for turkey and turkish people, but bringing in turkey in the EU would be a geopolitical suicide.

[theoshow2]

"I think the world would be much richer without governments."

---- Marc Faber

What a great f--k'n quote!

[amsd1231]

economically I do too. but I kinda like having police departmens and firedepartmens around.