pt 2/4 Jim Rogers discusses problems facing the United States

Legendary investor Jim Rogers was kind enough to take time out of his busy schedule to share his thoughts with King World News listeners. Jim was one of the original founders of the Quantum Fund which had a return of 4,200% over a 10 year period while the S&P only managed a 47% gain, and in my opinion hes been ahead of the curve ever since. He is one of the most highly respected figures in the financial world today. Jim does not have to answer to any firm so he is able to speak his mind and is known for his frank discussions about the Federal Reserve and other topics many Wall Street veterans wont freely address. He is quoted globally in virtually all financial media. In this interview Jim discusses corruption in India, China and the problems they face on a short term basis as well as a possible bubble in certain pockets of Chinese real estates, problems in Greece, the fact that some countries use two sets of books, the anger that will occur when citizens realize they have been "Madoffed" and the resulting civil unrest, what he is doing with his own money, problems with food stores globally, problems facing the United States and when civil unrest could begin to occur in the US, the possibility of a US default on its debt, protectionism, the energy sector and much more.

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News & Politics

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[whereismybailouttv]

Maybe part of the problem is that the word socialsm is such an evil, dirty word in the States to many. Maybe also to Rogers?

[whereismybailouttv]

I disagree when he says that Greece and other countries have been living beyond their means.

If that's true, then why do many European countries continue to have a higher standard of living? Why do many of their citizens feel they have a better life than Americans do?

If a country can offer its citizens basic human rights like housing, free education, national wi-fi and more, why is that bad?

[qminusis]

@mike6459

talk about disrespect....

[qminusis]

Superficial blah blah

[dionhenderson]

I think you have him wrong, Jim and Soros had a falling out.

[ETouch64]

On his bike ---I thought he was on the toilet---it seems we don't warrant his full attention--a few financial bones tossed to us mutts. I recently was made aware of the Nazi background of his former partner George Soros. Not much to respect there.

[mike6459]

Jim's always on his bike when he does interviews...talk about time management