We are much worse off than we were in 2008

Jim Rogers : the major problems are coming from the west, They are coming from Europe and the United States. We are much worse off than we were in 2008 because the debt has gone through the roof. At least in 2008 there was the possibility that the governments could bail us out. Now, of course, the governments have gotten deep, deep, deep into debt themselves,Everybody is in much worse shape. - in CNBC