Sunday, June 12, 2011

UK coalition government need to cut costs further

Jim Rogers : "They (UK government) are not doing it. They are saying they are doing it but they are not. They are saving £1bn here or there but they are not doing what they really need to and I am not sure the government would survive the kind of pain that is really required. "

Jim Rogers is a bestselling author, financial commentator and sucessful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).