Wednesday, February 11, 2015

Jim Rogers predictions of Hard Times economically

We're going to have economic hard times again. Next time it will be worse because the debt is so much higher and because for the first time in recorded history, all major central banks are printing huge amounts of money. So there's this gigantic artificial ocean of liquidity that's going to dry up some day, and when it does, we're all going to pay a terrible price. 


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.