Friday, June 10, 2011

The UK will need a bailout soon

"How can the UK ever repay the debt that is continually rising? The UK will need a bailout soon. You have the advantage that your debt is longer term but let us assume the government keeps to these austerity plans or really puts them in place - people will start to complain." Jim Rogers in

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).