Jim Rogers Recession

Jim Rogers: It’s Going To Get Really “Bad After The Next Election”

August 18, 2012

Jim Rogers: It’s Going To Get Really “Bad After The Next Election”

Terry Weiss
moneymorning

In a riveting interview on CNBC, legendary investor Jim Rogers warned Americans to prepare for “Financial Armageddon,” saying he fully expects the economy to implode after the U.S. election.

Rogers, who for years has been an outspoken critic of the Feds policies of “Quantitative Easing,” says the world is “drowning in too much debt.” He put the blame squarely on U.S. and European governments for abusing their “license to print money.” In the U.S. alone, the national debt has surged to nearly $16 trillion, that’s more than $50,000 for every American man, woman and child.

“[They] need to stop spending money they don’t have,” Rogers said. “The solution to too much debt is not more debt… What would make me very excited is if a few people [in the government] went bankrupt…” Rogers added.

Rogers also charged Obama and German Chancellor Angela Merkel with promoting dangerous policies that create the illusion the economy is stable… but are really only intended to buy time before their upcoming elections.

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Recession Coming Jim Rogers

June 27, 2012

Jim Rogers reports that the United States will go into recession. Expect the recession and, end the federal reserve.

The only reason Jim Rogers moved to Singapore is because of lower taxes. Another reason he says he moved to Singapore is so his daughters could learn Chinese Mandarin. His daughters could learn Mandarin in the USA just as easily. Singapore Mandarin is not spoken the same as in China.
One thing Jim Rogers does is talk about the new world order in a round about way. Even though a article from Australia calls Singapore one of the capitols of the new world order.

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