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).
Jim Rogers graduated from Yale University and has a degree in philosophy, politics and economics from Oxford University. Jimmy Rogers became a Wall street legend when he and George Soros founded the Quantum Fund.After his career as a hedge fund manager and investor,Jim Rogers now periodically teaches finance at Columbia University, and appears regularly on the CNBC Cable Network.
Wednesday, September 19, 2012
Next Recession Going To Be A Lot Worse
Jim Rogers :
We had a recession in 2002, and it was worse in 2007-08 because the debt was so much higher. Next time is going to be a whole lot worse because the amount of debt is staggering. We’ve shot our bullets. What more can they do...quadruple the debt again? - in Reuters