GLOBAL BANKERS HAVE UNLEASHED INFLATIONARY HOLOCAUST by JIM ROGERS Americans Unite

Legendary investor Jim Rogers warned during a CNBC interview this morning that global central banks are creating the environment for an inflationary holocaust by their ceaseless overprinting of currency, a measure that isnt even successful in stabilizing the stock market.
Rogers said that the only solution to the market crisis was to let failing banks and speculators go bankrupt and stop pumping endless amounts of liquidity into the system, labeling it outrageous that responsible investors and taxpayers are being made to bail out crooks on Wall Street.
The way to solve this problem is to let people go bankrupt, Rogers stressed, All of this pumping money into the system is not going to save it - see what the market is saying, its saying we dont buy that, let people go bankrupt, he added.
Then you will hit bottom and then you start over. The people who are sound will take over the assets from the people who arent sound and we will start over. This is the way the world has worked for a few thousand years, said Rogers.

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[ascend2luv]

excellent video - nice to see someone telling it like it is

[turboz1k]

@pretorious700 Whatever, it's just the truth, factual, real facts, except the part about gold & the dollar going up & down, that part was my OH-PEN-YEN. If simple facts assassinate his character, who's fault is that? surely NOT MINE since my intellect is to weak to conjure up the thought of character assassination. Your comment is the same as Jim Rogers religious web sites, it assassinates it's own character, very well too.

[borntobelegend]

american dollar sucks

[pretorious700]

@turboz1k Nice try, but character assassination is the sign of weak arguments and weaker intellect.

[turboz1k]

At the time this aired, the U.S. just passed a HUGE bailout & the dollar was going up fast, it's still higher right now. Do your research on this guy & you will see he has a past of extreme religious hate, & even has religious websites spewing hate crap. Gold is at the top & the dollar is going to keep going higher. Everytime the dollar goes up, tons of anti-dollar crap is spewed on the market, TV, & internet. Dollar bottomed July 11th 2008

[timesplitters333]

@GEERUP give me proofs of this..

[timesplitters333]

rogers want the US to collapse, make you think twice before you listen to this man!

He wants world war 3, so his assets can rise in value!

[Rylucero]

Jim Rogers is one of the few people left with true sensibilities of what is really happening and what is coming. A modern day financial prophet crying out in the wilderness, yet the idiots in positions of power heed not his call!

[issacleov]

What a load od nonsense! And the ignorant fools who believe this tripe. No hope for the human race.