Monday, December 17, 2012

Next Economic Slowdown, Will Be Worse

Jim Rogers : The U.S. has had economic problems every 4 to 6 years since the beginning of the republic, so another crisis is due. The next time we have an economic slowdown, it`s going to be worse still. because the debt is much higher now than it was in 2008. - in Markit Related: SPDR SP 500 ETF (SPY)

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).