Tuesday, November 15, 2011

Alex Jones with Jim Rogers - Lessons for Life and Investing

"Prepare for another lost decade or more," Jim Rogers says "We are all going to continue to get deeper and deeper into debt," predicts Rogers, who believes the overall situation for America is only getting more and more serious. He harped on the fact that America is the largest debtor nation in the world, and said, "You think that problems are bad now, you wait until we don't have any more credit." There will be social unrest, said Rogers, as interest rates and inflation will go through the roof.