1/25/10 Jim Rogers on Bloomberg: Bernanke is Part of the Problem, Not the Solution!
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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.
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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.
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@jayangli its not the economy, its the government thats ruining the economy
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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.
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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.
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kinda depressing
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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.
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i never knew japan economy is that bad, is it really.
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What happens to 2009 will be the year of major collapse from jr
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Interesting.
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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
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