Tuesday, August 16, 2011

It is about time we lose faith in the policy makers

Jim Rogers : it is about time we lose faith in the policy makers because they were dead wrong , these are the people who got us into these situations and now we are realizing they do not know what they are doing you look at the central bank in America dead wrong about everything for several years , you look at the secretary of the treasury of the US , last two secretaries of the treasury , everything they have said have been wrong and the markets are catching up , you can puch the can down the road , and eventually people will say wait a minute these guys do not know what they are doing , the emperor has no clothes , in the US anyway the emperor has no clothes Mister Bernanke has been wrong for 400 weeks now and the market is catching on Mister Geithner has been wrong for 16 years in a row so now we all catching on to this , they are not going to get it right we will continue to have more turmoil and economic slowdowns for the next few years .... - in BBC interview






Jim Rogers is a bestselling author, financial commentator and successful 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).

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