Thursday, April 26, 2012

We Have Had Economic Slowdowns Every 4 To 6 Years in America

Jim Rogers : We’ve had economic slowdowns every four to six years in America, since the beginning of the Republic. So certainly by 2013 we’re due, if not before or later, but it is coming. And when it does, it’s going to be worse than the past. Related, SPDR S&P 500 Index ETF (SPY), United States Oil Fund ETF (USO)

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).