Jim Rogers is a hedge fund pioneer who retired at the age of 37, he is always a great interview and you need to take a listen to what he is talking about now.
If you don’t wish to view the video, here are the highlights:
- Worst recession since WWII in the US
- Could be as bad as the depression because politicians are making big mistakes
- Worried because Mr. Obama wants to tax capital and move toward protectionism
- China will be the great country of the 21st century, no way seen how American will be the great Country of the 21st centry
- America is propping up everyone in sight, which will lead to run away inflation
- American Government needs to let companies fail
- Commodities are in short supply and will continue to over the next 10 years, we will have serious supply problems
- US Dollar is a terribly flawed currency
Here is the full video, if you have 20 mins.
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