Jim Rogers : ...we are going to have a global recession because because because ...every 4 to 6 years in America we've had economic slowdowns and recessions we are overdue late in 2011 , 2012 2013 it's coming for whatever reason , we have always have had them every 4 to 6 years so we are going to have one again , part of the main problem is in America we spent a lot of money the people who got that money are better off but the rest of us are worse off , the debt has gone up by a staggering amount may be 400 percent when you take the all balance sheet guarantees the FED has printed a huge amount of money , no there are many things wrong they are just getting worse not better it is like in Japan they kept propping people up they had a lost decade then they had two lost decades , we had a lost decade we are going to have another one too , we are making horrible mistakes in running the US economy...
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Showing posts with label Reuters. Show all posts
Showing posts with label Reuters. Show all posts
Wednesday, September 21, 2011
Wednesday, June 22, 2011
Jim Rogers Mr Bernanke who has been wrong every time he has opened his mouth
Legendary Investor Jim Rogers chairman of Rogers Holding sat down with v of Thomson-Reuters for an hour long interview debate about the overall economic situation of America and the world : I am terrified every time he speaks (Ben Bernanke) do you hear some of the stuff he says ,do you see a grown man say that out loud but he does I think he actually believes it " " I am stunned that they would say some of the things they say in Washington and expect people to believe them and to listen to them especially Mr Bernanke , Mr Bernanke who has been wrong every time he has opened his mouth in the seven or eight years he has been in Washington , you know if I came to your show or came to Reuters every month for seven or eight years and I was always wrong never right you probably wouldn't invite me back anymore , and yet people still invite him back " "Firstly I would get rid of the FED and secondly I wouldn't listen to him " Jim Rogers says
To Watch the Interview Click Here >>>>
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
To Watch the Interview Click Here >>>>
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Subscribe to:
Posts (Atom)