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US going bankrupt warns Jim Rogers
Posted on 19 June 2011 with 5 comments from readers
Dire warnings from the former partner of George Soros and legendary investor Jim Rogers. He thinks there will be a QE3 whatever it is called but it may not be enough.
America is going down the tubes. The US needs to axe defense spending but this is not going to be enough. Without it people will stop buying US bonds, interest rates will go up and financial markets will go into turmoil.
Rogers has been a voice of sanity and consistently correct forecasts:
Posted on 19 June 2011
Categories: Banking & Finance, Global Economics, Hedge Funds, Investment Gurus, US Dollar, US Stocks, Video Channel
5 Comments posted by readers:
Jim, you always make good sense.
Jim Rogers is our modern version of Cassandra. In Greek mythology Cassandra’s accurate prophecies were not believed. The United States is moving into a future filled with pain and dispair.
go Canada go!!!
America is in serious trouble. Americans have got to look at themselves realistically and let go of their longstanding illusion that they are the best country in the world. There truly could be nothing further from the truth and Canada, the only remaining first world nation in North America, regards the American situation with both horror and disgust. Americans owe it to themselves and the world to get their financial situation in order.
Yeah guys I’m sure everything spouted on Russia’s prime propaganda channel is to be taken at face value.