Jim Rogers- Next Recession Will Be Much Worse- April 2010

[MrBaebel]

One important fact that all these people do neglewct is the fact that the private sector in the US is bankrupt as well in contrary to Europe where there are gigantic amounts of money the private sector made for savings.

Private sector in US is in huge debts (every citizen has a minus of about $ 50'000 in the US). In Europe every citizen has savings of about $ 70'000 per capita, means from a newborn up to a gran gran granny, funnily Greek and Italian are in the lead, people there have money.

[MrBaebel]

America is doomed.

They found always ways to delay the results of its bankruptcy but now they're running out of options.

The time to pay back has come. This will be hard for the US. There's no way to stop the decline into a 2nd world country or even 3rd world.

There's no population who has so huge debts, every american, from the newborn to the 100 year old has debts of nearly 50'000 $ and the public sector is bankrupt, there's no money nowhere anymore for the us.

[louiethegreater]

I think Rogers knows the reason for Bernankes decisions. It is a plan to destroy the U.S. economy and bring her back as part of the global New World Order.

[Silicondoc]

@coturnix19 I'd believe you, except La Rouche and Schiff and Ron Paul predicted this, and if you check history, since 1913 the gold standard was eroded to Nixon, then Brent Woods, and now EVERY WESTERN NATION and bank is IN DEBT - including every populace. US TREAS is buying US gov print/borrow debt - and WE PAY interest for OUR MONEY - it's IMMORAL it will crash. Yes, exact time is unknown.

[BatusaiJack]

His cheeks are kinda red.

[fonzi0was0cool]

jim looks like a drunk messed up sad guy

[johnkennedy22]

is the USD not printed on cotton? :P

[spiritual619]

Go w your butler to the grocery store. Man I love Jim Rogers! Very peculiar to me that people don't seem to be making an issue of price increases at the grocery store which has been steady since, well since Katrina -- which in my opinion was the beginning of the end & bubble burst.

[whereismybailouttv]

Jim for Sec. of the Economy!

[mikemat3307]

"We're going to run out of trees."

That's better than Santelli's, "you can print money, but you can't print wheat".

+1 Jimbo

[capricious71]

I'm going to invest in bow ties.

:)

[5959512]

why does he assume he has a butler

[elimar008]

how do we invest in agriculture?

[beaubluenyc]

Love the 'butler' reference! ;-{)

[herbal1971]

The interviewer is a like a robot whose batteries are running low.

Jim Rogers tends to say the same things in every interview and he'll keep saying them because they're probably true and maybe eventually people will listen.

[MrJackassjerry]

Jim Rogers has a texas accent. Is he from Texas or Alabama?

[applepanda100]

@MrJackassjerry

Rogers was born in Baltimore, Maryland and raised in Demopolis, Alabama, according to WIkipedia.

[casienwhey]

the interviewer should look up "personality" on the internet and buy some of it.

[herbal1971]

@casienwhey :)

He just needs a software upgrade.

[mysillyusername]

very disappointing understanding of basic economics!

[Youwishyoucouldplay]

What is Jim Rogers purpose? is he a saint to humanity? I think fuck no. What is he selling? is he selling gold or something? Do they pay him a lot of money for his worthless point of view. Doesn't he/you know/believe that Revelations is how this all ends yet? Gold, no gold is not the answer. Faith is the answer when nothing else will matter. I say die standing rather than kneeling to false Gods in a Fema camp. That's all the choices that will be finally.

[DallasB1000]

9 dollar hot dogs at miami airport now.  yikes!!

[MORCOPOLO0817]

How can he say that gold investors will prosper? The anchor that is. They will only stay even by preserving their wealth!

[misiobear77]

Is it his first interview?

[theshagster36]

who is this teleprompter reading dufus doing the interview, it's insulting to Jim Rogers to be interviewed by a cardboard cut-out

[TheGreatSmeagol]

I sent my butler to the grocery store, never saw him again .

[Redbaron011]

Jim Rogers is a god. We should worship him and do whatever he says.

[sparshparimoo]

I dont think the interviewer was that bad. Asked pertinent questions and let Rogers answer. Puts him levels above anybody on FOX.

[chale111111]

"go with your butler next time to the grocery store, you'll see" LMAO

[krashteste]

this interviewer is hilarious!

[theroilsoil]

If Mr. Rodgers could have titled this video, he would have used the term "Depression" instead of "Recession".

No one wants to say Depression because they don't want people to get scared and really pull back on spending - which is the only thing keeping this cracker box economy going.

[kimononvidia]

he always delighted to be in almost anywhere where he interviewed..

[crabtrap]

how'd they get Commander Data to interview Jim Rogers? maybe Worf can interview Gerald Celente .

[shouldlistentoronpau]

I love Jim. God bless you and everyone who has the sense to listen to you.

[misiobear77]

@shouldlistentoronpau there is no god. only naive people and greedy ones who keep blowing them out. Wake up? Read 1984 and focus on dual thinking which you use in your life.

[Youwishyoucouldplay]

@misiobear77 Blasphemy will get you somewhere. Somewhere where you won't want to be however.

[throwerofturds]

a smart man who stands up and tells the truth

[BSGarrison]

Jim, you do not look well.

[ahzie99]

"The Fed Will Print Money Till We Run Out of Trees!" LMAO!

[BlueSkies360]

Thanks for posting

[FiftyOneDegreesNorth]

Glad to see Jim back in a bow tie, its been missing lately!

[Dyhalto10]

Pretty wooden interviewer.

"I don't know if you go shopping. Maybe your butler does your shopping but the rest of us...."

Burn.

[Lingerfoot]

@Dyhalto10 - Who is Jim Rogers?

[antoxer]

@Lingerfoot He co-founded the quantum fund with Soros, realizing 4,200% of return in 10 years, in particular studying how the commodity markets work. Then he makes two trips around the world. He is considered one of the best expert in commodity investing. In recent years he moves from New York to Singapore to stay close to China, which he considers the future great power of the XXI century. He is a fanatic of bow ties and loves carrying sugar and gold in his pocket (no jokes). Bye.

[shangpush]

@Dyhalto10 Indeed. I was waiting for a witty or catty response from the wooden one--fat chance! And who does Jim Rogers' bookings? Does a personal camera crew follow him about? He is really quite a blowhard--full of commonplace observations which his ego projects as "sage." Try to pin him down and he goes limp. "Look, I'm just one guy out here trying to eke out a living." Will an announcer ever laugh in the face of this falsely modest media hound?

[Dyhalto10]

@shangpush

Nah, I like Jim. He's the archetype of a rich, generous uncle. Very charismatic.

If anything, I'm a little tired of what he says, but that's only because I subscribe to a dedicated channel ;-) He gave some valuable advice on his last interview : "I advise everyone to learn about currencies". I think he's hinting we should delve into the monetary system, learn about the central bank scam, and delve even further into the rabbit hole. That's how I awakened.

Nice hint, Mr. Rogers :)