Jim Rogeres and Lord Lamont one year after Lehman

[jp0818]

most truthful interview ive seen on youtube, period.

[neil9327]

Jim Roger's is George Soros's sidekick isn't he?

And George Soros caused Norman Lamont to lose a billion in the 1992 exit from the ERM debacle.

I'm surprised there weren't pistols at dawn in this interview...

[gsn1hiroland]

George Soros broke the bank, not Jim Rogers. And the UK Treasury propped up the pound sterling, which was the reason why Soros shorted and made a billion off of British taxpayers. Blame the government before you blame a smart economist.

[neil9327]

Yes that is true - it was basically Norman Lamont's fault, not George Soros. Soros just took advantage of the opportunity.

[30percentplusreturns]

Expose obama and the scam federal reserve. Check out moneypirates com. Spread the word people.

[SilverRose09]

It is happenning, watch these videos:

/watch?v=DlGgI6z-fQA

/watch?v=4m75VTHEzcA

/watch?v=YPXncTuwFIE

[SmidgenOffKilter]

The Fed has been discussing using reverse repos! That will take the reserves out of banks. This will dry up the little lending currently getting accomplished. This has to be aimed at the USD becoming the carry-trade currency. But it will only work marginally, and for a time.

[sugarpuddin88]

Hidden from news:

Americas 6th largest financial collapse: Colonial Bank!

The FDIC is run by Sheila Bair, a Lawyer, and the dean at the Isenberg Institute. Her and her staff of Zio-clowns are not about to arrest the directors, the executive management, the auditors, or the investment oversight board.

This clueless clown belongs behind the counter of a McDonalds. He is cooking the 'Health Scheme' where doctors, hospitals, and Hispanic immigrants get a $ trillion dollars.

[Dandaniels1978]

The young guy looks like a fish out of water.

I agree 100% with Jim Rogers. LET CAPITALISM WORK AND I BELIEVE 100% IN THE FREE MARKET MODEL.

It is politicians that cause all the problems

[sugarpuddin88]

Bernanke, Geithner, Rubens, Summers, Goldman Sachs, JP Morgan & the Federal Reserve Bank know exactly what they are doing by collapsing the US Dollar:

The purpose of this financial crisis is to take down the U.S. dollar as the stable datum of planetary finance and, in the midst of the resulting confusion, put in its place a Global Monetary Authority [GMA - run directly by international bankers freed of any government control] -a planetary financial control organization" - Bruce Wiseman

[soundmoneyfan]

haha, look at the old school pic of jimmy as the icon for the channel. classic

[omairzaman]

printing money without economic growth cause inflation.Thats the? basic economic principle.Stimulus can only give relief in short time but in long term its always destructive cuz we have more money for same few things.We are seeding the seeds of dollar collapse which will destroy out economy and wealth.The only way to avoid this is to reduce government spending and increase public savings.other wise it will be '2010 TOTAL ECONOMIC COLLAPSE'.

[anunnaki2006]

Knights of Malta control the economic system and this is a fully engineered Depression.

[jarden69]

Anyone who has the Psychological Need to use the title "Lord" or "Sir" in front of their name has real Psychological issues, even if they were granted the title.

People with high self-esteem, a strong self-image, and great confidence have no need to use titles, and do not use them, even if they were granted them.

Think about it.

[Burt1038]

The only reason they let Lehman fail is because they were Goldman Sachs' competition, and Paulson and Geithner are both "former" Goldman Sachs employees. It would be like the former Coca Cola CEO letting Pepsi fail to "reduce moral hazard" while bailing out his own company.

[jarden69]

Excellent Point...seems quite criminal to me.

[chena3]

mark to market

or shut up ..

[jonah70757]

Gee Lord Lamont? Do you have any clue how many homes that have been abandoned and are vacant for more than a year yet they still have not forclosed?! 500,000 jobs permonth swirling down the drain. This is far from over and the bottom is going to really hurt when we finally hit it.  Why is it that I don't trust anyone with an English accent?

[laplante31]

The bank may foreclose but they wont put them on the market because what ever they sell them for under the morgage price will show up on there books as a loss but as long as they dont sell they can keep a house on there books that they mortgaged for 500 thousand as 500 thousand, even though its would only sell for 2 or 300 thousand. its all a bunch of baloney.

[jonah70757]

I deal with the maintainence of properties . And I can tell you this, the banks are maintaining many many properties that have been abandoned for over a year and they still have not foreclosed and taken title. They are dragging their feet on the forclosures and once they take title dragging their feet on marketing them

[CelticReject]

I'm English, and I don't even trust myself.

[jonah70757]

What I really meant was the elite Keynsian types, not the general population or citizen of Great Britain who unfortunately is a victim of the Bankers as much or more so than any other country in the world.

[hiphopsocnroc]

How the hell are the banks safe now or in the future? They have yet to mark-to-market the ture value of their assets which they know will fold them like a napkin. Why do you think banks are not even foreclosing on home? They let the home owner stay for months and in some case up to a year before they foreclose. This is because if the do, then they will have to reveal the true value of their assets. Peace

[zbigniewzapora]

Soon race will start - who will be the first to back its currency by gold. He will have status of reserve currency. Rest will have to follow. We must remember though that currencies backed by gold are just as shitty as fiat currencies - government can undo backing anytime it wishes. It would be extremly dangerous for us (as in whole world) if one world gold backed currency would emerge with one central bank. It would mean we learned nothing form collapse of the dollar.

[sinitskyd]

In order to stop carry trade, we need capital controls. This will also prevent traitors from taking their money abroad. Also, expropriation of all means of production by elected government will introduce fairness into the economy. Banning gold and silver bullion ownership by unlicensed individuals and institutions will strengthen the government's capability to drive monetary policy. Do you like my ideas? I think they are very innovative.

[zbigniewzapora]

Monopoly on money creation by central banks is what is leading the dollar to the collapse. Are you suggesting we need more of the same to prevent it? ROFL The only way is to make raw gold/silver as currency - not some silly banknotes. Your thinking is typicall to socialist - strong government interverntion and regulation. It always fails. ALWAYS.

[sinitskyd]

Not if all people are implanted with explodable RFID chips and forced to do as government bids. Then socialism will finally achieve nirvana its designed to bring.

[Justyburger]

Yes i agree. Do these people honestly think we are that stupid. You only have to read banking history and bam there it is. They told Greenspan to leave the spigot open and pump it hard. Gold and Silver still pose limits on growth but greenback style notes that are not privately owned would be fine. The people need to own their currency as they need to own their government. Not banks and corporations owning government and us being commercial slaves. We all need to wake up big time.

[Annihilate3275]

sinitskyd you are a moron

[SmidgenOffKilter]

Sinitskyd, you have absolutely no grasp of monetary policy or macro economics. Congratulations, you now qualify to head the Fed!

[DC950]

you guys have been duped. What he is referring to is exactly what the US has done in the past and what just about every bannanna republic has done as well. Sarcasm. Look it up.

[sugarpuddin88]

Currently, the world is forming ad-hoc currency baskets for trade in order to get away from the contamination, which is the US dollar, (google: Shanghai Organizational Coop); & setting up for a new World Order Currency

Meanwhile, the USA has Stockholm Syndrome, where the terrorized population through Obama actually supports their terrorist: Last week Obama is actually giving more power to their captors, the Federal Reserve Bank, rather than prosecuting them

[BlueTunisia]

Jim Rogers is the man!! Government cause all the problems of society. Look at all the World War for example, wow

[1bchrisd1]

what about silver is it a good time to buy silver?

[Krampfarsch]

nobody can see in the future and you should ALWAYS do your own research

but i personally are invested in silver and would recommend it to you

[JackNeedles]

"The push to regulate" my ass. Obama got millions from these bankers when he was running. The biggest regulation we need is over at the Fed.

[Betty5150]

It'd be scary to see Peter Schiff and Jim in the same program.

[0PsycoDad0]

LOL!

I wounder how the brits can survive another year? The pound is in the middle of a complete meltdown. I´m realy curious how they´ll prop up the pound in the near term outlook...

[john5246]

What's wrong with the pound? The Euro isn't exactly the greatest either... but please reply and tell me your thoughts on the GBP

[BlueTunisia]

The pound is a fiat currency backed by nothing.

[0PsycoDad0]

The pound depreciated against all other major currencies (CHF,USD,EUR,YEN,AUS) in an average of ~25%.

The end chain of the carry trade crumbles. A nasty side effect of this is the surge in interest payments simply due to currency fluctuations.

Just await the 2009 real unemployment figures to materialize outleveraging the growth fantasies of the politicians.

[0PsycoDad0]

The national debt WILL surge thus making the refinancing even more costly and OOPS in the cause of this GB WILL soner or later HAVE TO declare national bankruptcy.

Do you seriously think that the outstanding debt will ever be repaid?

Now whole nations´ll face more difficulties in finding a borrower for their debt load thus even refinancing becomes hard.

[Unkn0wnGuy]

I think that guy on the left is afraid to say anything around Jim, since he got owned the other day.

[kidcapri009]

haha serious