Saturday, July 16, 2011

They Will Probably Raise The Debt Ceiling

They Will Probably Raise The Debt Ceiling And Announce Some Kind Of Wonderful Deal, Which They Will Promptly Ignore
They will probably raise the debt ceiling and announce some kind of wonderful deal, which they will promptly ignore. The United States is not going close down. It might be good for the world if the United States closed down for a while, but I can’t see that happening. Something will happen, things will look better, but then in six months or a year, things will be worse again. - in My Loans Consolidated

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).