Wednesday, October 15, 2014

Consequences of bailouts being felt

A lot of people are being ruined. Any pension plans, endowments, etc., are suffering because they invest for the futures and are finding that their situation has gotten worse. We are doing this at the expense of people who save and invest. We are doing it to bail out the people who borrowed huge amounts of money. The consequences are already being felt.


VIA http://www.futuresmag.com/2014/10/09/jim-rogers-a-lot-of-americans-are-being-ruined

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.