2013 will be a horrible year compared to 2012

Jim Rogers : well I suspect that Merckel and that crowd are going to do something to make us feel better , remember the french have an election this year and I think they like to win the election so , I suspect we are going to see a lot of things coming out of the governments for the Euro , by the way Jeff there are I think 40 elections in 2012 around the world , they are going to see a lot of distortions in a lot of markets because there are a lot of government that are going to be spending huge amounts of money and printing a lot of money " " that's a strengthening of the markets for a while it is a horrible mistake " Jim Rogers explains - in CNBC