SDR is not the solution to Europe debt problems

Jim Rogers : many people in the G20 they do not have any money either , you expect the Americans will put up the money to solve these problems ?! no many of the G20 countries have their own problems going forward , that's not going to work , we can try SDRs , but what does SDRs solve ? that does not solve anything it just creates more credit that's not going to solve the problem , we have a problem of too much consumption and too much debt , you cannot solve a problem of too much debt with more debt even if it's artificial debt even if it's fake debt , it just makes the system worse and when the system finally collapses then there is nothing anybody can do nobody can hold it together at that point - in Reuters TV interview
Click Here to watch the Interview >>>>