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The worse is not over says Jim Rogers

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  • He is going the wrong way. The fed caused this crisis. They should be abolished.

  • 134 billion in $ bonds found in false bottom suitcase seized on italy/swiss boarder. Whatever this is, it is in government sized 500 million and 1 billion bonds. If fake then some one is looking to crash the $ currency and if real then some one is looking to offload it. Either way its a redflag and looks like the bond/currency crisis is starting to emerge.

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  • If you haven't had a kid yet go make one... Easy to say if you have millions in the bank. Not so easy to say if you don't.

  • "Worst" - The *worst* is not yet over. "Worse" is not the word you're looking for, here. Research your English, por favor.

  • @Blackjack555 Its like Celente says, you can't print phantom money while producing practically nothing. The fact that people believe we are going into good times shows how stupid everyone really is.

  • @Melville10 You bet he does, specially now, any of us would!

  • 2:09 hahah . i know it means something very different but it cracks me up!

  • jayangli, It won't run out if it's produced in the lower earth....Many scientist's believe it is a product of a chemical reaction of methane and other things. The depth of these wells proves it is not a fossel fuel. Corporate fairytails. The alaskan wells were supposed to run out years ago....the pressures are the same as the day they first drilled. Many geologists believe that the wells are renewed by oil seeping up from the lower earth. Could a well run dry..these deep wells are huge.

  • @cugir321 so oil will not run out? of course it will, i think there is plenty of oil but only when they discover a large field. and because of demand from Asia and later when demand from the west improves, this will affect the price of oil

  • Jim, You say that oil is going into short supply. How? Russia has dug super wells at 37,000. feet. They struck a mother load of oil and pressure under that oil. The Gulf of mexico well is at 30,000 feet. (the one that is polluting the Gulf of mexico) It has tremendous pressure. There is no organic material at 30k feet? So where is the oil coming from? Why would it run out if it's not a fossil fuel? NOT OIL! I think it's a lie to control the price.

  • Of course, the debt is not paid, it is only given extensions, but the interest rate is astronomical, and the government is forced to borrow more from the same source just to pay the interest. The rest is coming from ((((((guess who!!)))))))) me and you! They tax everyone dry, from single moms with part-time jobs at diners to millionaires and billionaires. The only ones who are now exempt from the highest tax rates in history are the TRILLIONAIRES who are orchestrating and profiting from it all.

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