Is it possible that Bernanke does know what is happening and it is just what the Fed intends. If they were intending to crash the economy they would need a head who appeared to not recognize what was happening. Bernanke does not seem to be a stupid individual. How could he be so blind to what is going on. I don't think he is.
For the past 20 years it has been struggling, for example its current stock market value is 20% of what it was int he beginning of the 90s. The reason why some people were so sure that the stimulus programs were wrong was because Japan introduced a number of them and none of them had the desired effect but they did leave the government finances in dire straits.
f assets like farmland would outperform other asset classes worldwide... that would hurt places like China more than it would the US. America has the most arable land on the planet and it is an agricultural superpower. Combine America and Canada and you have the second most resource rich part of the world after the middle east. I have nothing against China, but the fact that so many people believe "China is the future" actually makes me bullish on the US economy long term.
Bernie Lo is becoming one of the few tolerable on Bloomberg. (He was always good, but with Bloomberg heading into a CNBC-like direction, most of their anchors that used to be tolerable are become more and more annoying. His Asia Morning Call show and the early morning team are the only times I watch Bloomberg these days.)
I agree- Jim Rogers is a total legend- what a fountain of wisdom and so humble too- I 've learned so much about how the world/markets/finance work fromreading his books- i'd recommend them to anyone
These guys are a great "dynamic duo"! Wise, experienced, big-picture Jim, complemented by more detailed, focused commentary from Kirby. They are both RIGHT on track. I have read all of Jim's books - he is an absolute legend. I have been searching for books by Kirby Daley, but yet to find any. One on the way???? Hope so!
all hail chairman bernanke and secretary geithner - the real "dynamic duo" - these two have put the US straight on track to assimilate the wealth into the hands of those who are fit (banks, major corporations etc.) to re-appropriate it once we turn a new leaf. The people who are in the way are the unproductive American working class, particularly those employed or engaged in consumptive industries and the even more unproductive welfare class.
" He could abolish the Federal Reserve then I'd vote for him." Lol! Exactly right - - ole helicopter Ben couldn't do anymore damage without the Fed's existence. Someone finally figures out how to stop the dollar's suicide mission; put Ben Bernanke at the head of an institution that no longer exists. That's the ticket.
I love Jim's statement, "The idea that you can solve a problem of too much debt and too much consumption, with more debt and more consumption, defies comprehension as far as I'm concerned."
I agree with Jim Rogers and anyone else that comprehends that this idea produces no comprehensive solutions.
Peace and Love to all who understand and also those who don't! :)
I am so in line with you and Jim, I suppose just like Peter Schiff and Marc Faber, I am in alignment, however I suppose is when will the implosion really take place. Many countries are now dis-aligning themselves with the states so their implosion will be a non- event in time to come. They truly but sadly will be the next boat people
What a shame Kirby Daley, a financial strategist, does not know how we would get by without a central bank. One needs only to look back and see how they did it before as our constitution prescribes. The U.S. Mint would do what it was purposed to do and that is to mint coins, of only gold or silver, of a specific weight and purity. These coins would maintain their value because of their metal value and therefore - maintain their purchasing power base on free market pricing and principles. ;)
And who said the powers don't like Ben Shalom exactly the way he is?!? Who says he doesn't know what he's doing? The question is whom he's doing what for!
jim is a legend but Kirby is a bum. If it wasn't for bernie the wannabe european, he would be on welfare back in boston or wherever he's from.
KLguy133 1 year ago
Is it possible that Bernanke does know what is happening and it is just what the Fed intends. If they were intending to crash the economy they would need a head who appeared to not recognize what was happening. Bernanke does not seem to be a stupid individual. How could he be so blind to what is going on. I don't think he is.
cunnidvd 1 year ago
kinda depressing
majortom321 2 years ago
kinda depressing, but if you know the bad that may occur you have the opportunity top plan for the battle.
they are saying that there are traditional markets that have decline, and that there are new markets that should be considered.
change is good.
landsolo 1 year ago
What happens to 2009 will be the year of major collapse from jr
robertlam18 2 years ago
i never knew japan economy is that bad, is it really.
jayangli 2 years ago
For the past 20 years it has been struggling, for example its current stock market value is 20% of what it was int he beginning of the 90s. The reason why some people were so sure that the stimulus programs were wrong was because Japan introduced a number of them and none of them had the desired effect but they did leave the government finances in dire straits.
MohammedAlFathi 1 year ago
@jayangli its not the economy, its the government thats ruining the economy
TheSophist2007 1 year ago
@robertlam18
Great.. you take care of the bail out? i will forward your name to the federal reserve so the american people can be free of this corrupt system.
mrmoonshadow 2 years ago
@Vid
Interesting.
MRSketch09 2 years ago
This comment has received too many negative votes show
"He's a bundle of joy." What an ASS HAT.
SPVTrading 2 years ago
f assets like farmland would outperform other asset classes worldwide... that would hurt places like China more than it would the US. America has the most arable land on the planet and it is an agricultural superpower. Combine America and Canada and you have the second most resource rich part of the world after the middle east. I have nothing against China, but the fact that so many people believe "China is the future" actually makes me bullish on the US economy long term.
slambos 2 years ago
Great video! Thanks for posting.
pookiecatblue 2 years ago 2
Bernie Lo is becoming one of the few tolerable on Bloomberg. (He was always good, but with Bloomberg heading into a CNBC-like direction, most of their anchors that used to be tolerable are become more and more annoying. His Asia Morning Call show and the early morning team are the only times I watch Bloomberg these days.)
ZoneCountry 2 years ago 2
I'm very inspired by Jim Rogers. Next stop is Australia, then Singapore.
ErikNikolai 2 years ago 2
We love u Jimmy :)
bubusss234674 2 years ago 2
what is the pedal on the floor for?
mitasse 2 years ago
I agree- Jim Rogers is a total legend- what a fountain of wisdom and so humble too- I 've learned so much about how the world/markets/finance work fromreading his books- i'd recommend them to anyone
johnhoban1 2 years ago 15
Jim Rogers is 100% right on this one!!!
killergames187 2 years ago 6
You are 100% right on that one!!!
ErikNikolai 2 years ago 2
These guys are a great "dynamic duo"! Wise, experienced, big-picture Jim, complemented by more detailed, focused commentary from Kirby. They are both RIGHT on track. I have read all of Jim's books - he is an absolute legend. I have been searching for books by Kirby Daley, but yet to find any. One on the way???? Hope so!
dynamichedger 2 years ago 3
all hail chairman bernanke and secretary geithner - the real "dynamic duo" - these two have put the US straight on track to assimilate the wealth into the hands of those who are fit (banks, major corporations etc.) to re-appropriate it once we turn a new leaf. The people who are in the way are the unproductive American working class, particularly those employed or engaged in consumptive industries and the even more unproductive welfare class.
trinomialtree 2 years ago
Very noticeable interlace artifacts as soon as there's some fast movement like hand gestures.
ceselb 2 years ago
" He could abolish the Federal Reserve then I'd vote for him." Lol! Exactly right - - ole helicopter Ben couldn't do anymore damage without the Fed's existence. Someone finally figures out how to stop the dollar's suicide mission; put Ben Bernanke at the head of an institution that no longer exists. That's the ticket.
joepeeler34 2 years ago
Great interview, very informative.
hurryingfred 2 years ago
Bernie Lo is an excellent interviewer.
bearcat648 2 years ago 6
I love Jim's statement, "The idea that you can solve a problem of too much debt and too much consumption, with more debt and more consumption, defies comprehension as far as I'm concerned."
I agree with Jim Rogers and anyone else that comprehends that this idea produces no comprehensive solutions.
Peace and Love to all who understand and also those who don't! :)
nvsyru 2 years ago 10
I am so in line with you and Jim, I suppose just like Peter Schiff and Marc Faber, I am in alignment, however I suppose is when will the implosion really take place. Many countries are now dis-aligning themselves with the states so their implosion will be a non- event in time to come. They truly but sadly will be the next boat people
ijustretired 2 years ago
What a shame Kirby Daley, a financial strategist, does not know how we would get by without a central bank. One needs only to look back and see how they did it before as our constitution prescribes. The U.S. Mint would do what it was purposed to do and that is to mint coins, of only gold or silver, of a specific weight and purity. These coins would maintain their value because of their metal value and therefore - maintain their purchasing power base on free market pricing and principles. ;)
nvsyru 2 years ago
Jim Rogers= A Legend!
truthislibertyus 2 years ago 4
And who said the powers don't like Ben Shalom exactly the way he is?!? Who says he doesn't know what he's doing? The question is whom he's doing what for!
linnx88 2 years ago
What have you learned here today?
-Buy low, sell high. LOL.
tseland 2 years ago 2
Support Ron's new bill 4248
and drive a stake through the hart of the FED
wcarlpdrysdale 2 years ago 8
Great content and perspective. We need to get Bernanke out, audit the Federal Reserve, and possibly abolish the Fed all together.
turb01776 2 years ago 8
You can not repair a problem with the same level of thinking that created it in the first place.
-Albert Einstein
Get rid of Bernanke, and the fed.
Destroy half the dollars in circulation, dont print them, there are too many already
Back our paper money with more then a lie, gold will work.
The people want one thing, the people in power want another, they are not the same thing.
phantomcharger 2 years ago 5
Comment removed
phantomcharger 2 years ago
Ron Paul for FREEDOM!
jcNOVA88 2 years ago 7
Great post!!
soundmoneyfan 2 years ago 2