Wednesday, May 2, 2012

The Next Slowdown Is Going To Be Even Worse

Jim Rogers : In 2002 we had a slowdown, 2008 was worse because the debt was so much worse, the next time around is going to be worse still, because the debt just keeps going up by staggering amounts.

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).