Jim Rogers says to become a farmer and expect civil unrest 2-5 years

[casinohijack]

The people on the news just want to buy buy buy. There talking to Jim Rodgers and every question is" how do i spend my money to make more money"? No matter what he says he is leading everyone to thinking bad times are coming why dont these people on the news "get it" that the world we live in is rapidly changing and probably sooner than latter. On the other hand i think this is great i hate the "materialistic world" we live in that only caters to the top 1% of the population.

[mistarcraw]

capitalist banker fleeing away from the people with his money

[aitraining]

Sadly Jim Rogers is always right.

[Clarissa2424]

"I am worst market timer in the world; I am worst short-term trader," so says Jim Rodgers. Well, that is true: I saw him on CNBC just before he moved to China promoting his commodity Fund-then, the Fund lost a bundle on money in the last year. While "everyone" knows that we are serious financial times, I don't beleive this American should be advocating selling short America. He was wrong a lot of times before, as he admits, so, I will listen to him - but, I do not trust his predictions.

[00587649]

I believe you need to do more research on his track record if you say he's been wrong so many times.

[mikepalomino]

All this doom & gloom reminds me of Ghostbusters:

Venkman: This [economy] is headed for a disaster of biblical proportions.

[President]: What do you mean, "biblical"?

Stantz: What he means is Old Testament, Mr. President, real wrath of God type stuff.

Stantz: Fire and brimstone coming down from the skies!

Spengler: Forty years of darkness! Earthquakes, volcanoes...

Zeddemore: The dead rising from the grave!

Venkman: Human sacrifice, dogs and cats living together... mass hysteria!

[grilfers]

lol it is not doom and gool its just the way things are going down you best get your head around it :( oh and where do thease stairs go ? they go up :)

[usanewsnetwork]

Jim needs to explain *HOW* PEOPLE "become farmers"? And make money. most organic farms are not economically viable. Is he depending on Population growth?

[MANofINACTION]

Getting a degree in agricultural engineering should help you... or alteast consulting with someone who has one.

Fertilizer prices are set to go up quite a lot, you might want to buy land based more on natural fertility, than location. You can't harvest much wheat bellow 40 hectares and still turn a profit.

Do not buy land in the US, the threat of price controls is high. In Europe France and Hungary have the best land - these two countries had white bread even in the middle ages.

[Isawanangel1X]

i agree with jim, i don't believe them anymore either, and it's interesting because when you ask really old people..they don't believe them either

[Ipathinsider]

let the chips fall where they may, isn't that what capitalism is about?

[burnindownthehouse]

This guy knows what he is talking about. A lot of folks really want to rush a recovery and they keep asking if the market has bottomed out. Then after they ask that question, they talk about a recovery as soon as summer of this year. I don't think they understand the severity of the situation. The commercial real estate market is expected to crash soon. And that is when the real hurt will begin. A currency crisis could follow soon afterwards.

[jharmon05]

That's right. It's going to get worse before it gets better.