Dec
30
Posted (Van Santos) in Business on December-30-2008

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.