Wednesday, September 14, 2011

Alternative to dollar

Jim Rogers : The world definitely needs something to compete with and replace the US dollar. But I don't see that happening anytime soon. It is going to take a while for a currency to come up to replace the US dollar. We need an alternative, but it takes a while. America is the largest debtor nation in the history of the world. There is no such currency at this point.

JIM ROGERS BLOG