Thursday, May 31, 2012

Jim Rogers: Global economic shocks coming in 2013-2014

Jim Rogers: I am not investing in the Euro zone says Jim Rogers , I am afraid it came to a stage where sometime in the next year or two the politicians will think that the easy way is to leave the Euro , it is not good for Greece it is not good for anybody but the politicians always look for the easy way out , and in the end they will leave and then others will leave and it is going to cause more turmoil , be very careful about 2013 and 2014

The G8 meeting in Camp David was focused on saving Europe from its economic nightmares. World leaders discussed Greece and its severe debt crisis, trying to figure out how to save the eurozone. The Great Recession struck the world nearly four years ago, but the aftershock is still being felt. And it's unclear when the economy will finally start to recover, and where its new center will emerge. So are there any signs of light at the end of the tunnel? RT talks to one of the insiders of the world financial elite, co-founder of the Quantum Fund, Jim Rogers.

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).