Sunday, May 15, 2011

Foreign exchange controls are coming to the US

“Foreign exchange controls are coming to the US. The UK had exchange controls by 1939, and they remained in place until Thatcher repealed them,”
“They never work. But politicians always resort to them.”
“So, while it’s still legal, and ethical, to do so, I would recommend diversifying your money outside of the US.”
- Jim Rogers
JIM ROGERS BLOG