Tuesday, May 10, 2011

Washington Deliberately Destroying USA Economy Jim Rogers Judge Napolitano

Jim Rogers : (the Chinese ) they work hard they save their money , they save and invest over 30 percent of their income we save and invest 2 percent of our income , they're trying all to get ahead ....you get a much higher interest (Bank) rate in China much higher than you get here plus of course the appreciation of the currency , their currency is going up , our currency is being debased , they're (in Washington )trying to destroy the value of our currency ...the debt is getting straight into the roof the nation is getting into trouble next time we have a slowdown what we gonna do , ? we shot our bullets