Thursday, November 3, 2011

Jim Rogers expects US economic slowdown in 2012 or 2013

Jim Rogers : I would suspect the agony would be in 2012 may be in 2013 because if nothing else every 4 to 6 years throughout history we had an economic slowdown in the United States for many many different reasons , we are overdue , we are overdue in 2012 - 2013 , when the next slowdown comes what's America going to do ? we cannot quadruple our debt again we cannot print staggering amount of money again so the next slowdown is going to be even worse than 2008 which was worse than 2009 too , so things just keep on getting worse and the debt is getting higher and higher ....- in Fox Business News

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