Jim Rogers- Next Recession Will Be Much Worse- April 2010

http://www.allthingsjimrogers.com

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People & Blogs

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• Jim
• Rogers
• Next
• Recession
• Will
• Be
• Much
• Worse

[Dyhalto10]

Pretty wooden interviewer.

"I don't know if you go shopping. Maybe your butler does your shopping but the rest of us...."

Burn.

[FiftyOneDegreesNorth]

Glad to see Jim back in a bow tie, its been missing lately!

[MrBaebel]

One important fact that all these people do neglewct is the fact that the private sector in the US is bankrupt as well in contrary to Europe where there are gigantic amounts of money the private sector made for savings.

Private sector in US is in huge debts (every citizen has a minus of about $ 50'000 in the US). In Europe every citizen has savings of about $ 70'000 per capita, means from a newborn up to a gran gran granny, funnily Greek and Italian are in the lead, people there have money.

[MrBaebel]

America is doomed.

They found always ways to delay the results of its bankruptcy but now they're running out of options.

The time to pay back has come. This will be hard for the US. There's no way to stop the decline into a 2nd world country or even 3rd world.

There's no population who has so huge debts, every american, from the newborn to the 100 year old has debts of nearly 50'000 $ and the public sector is bankrupt, there's no money nowhere anymore for the us.

[louiethegreater]

I think Rogers knows the reason for Bernankes decisions. It is a plan to destroy the U.S. economy and bring her back as part of the global New World Order.

[Silicondoc]

@coturnix19 I'd believe you, except La Rouche and Schiff and Ron Paul predicted this, and if you check history, since 1913 the gold standard was eroded to Nixon, then Brent Woods, and now EVERY WESTERN NATION and bank is IN DEBT - including every populace. US TREAS is buying US gov print/borrow debt - and WE PAY interest for OUR MONEY - it's IMMORAL it will crash. Yes, exact time is unknown.

[BatusaiJack]

His cheeks are kinda red.

[fonzi0was0cool]

jim looks like a drunk messed up sad guy

[johnkennedy22]

is the USD not printed on cotton? :P

[spiritual619]

Go w your butler to the grocery store. Man I love Jim Rogers! Very peculiar to me that people don't seem to be making an issue of price increases at the grocery store which has been steady since, well since Katrina -- which in my opinion was the beginning of the end & bubble burst.

[coturnix19]

All these doomsayers are all of a kind. They just keep saying doom and gloom for years and years, until it finally happens, and then proclaim them a prophets. But in reality they are shit. Nothing. No more than sneaky astrologists, reading tea leafs, and embarking on random events. It is true, wolves come sometimes, and if you keep on crying wolf, one day you will be right. But that doesn't make you any smarter than a concrete post.