The Solution To Too Much Debt Is Not More Debt!

Jim Rogers : The solution to too much debt is not more debt! This is most insane thing I’ve ever heard. It’s going to make the collapse, when it comes even worse – be careful. No, don’t be careful. Be worried. - in CNBC
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).

Let Spain & Greece Go Bankrupt.

Jim Rogers : New York City went bankrupt, the world didn’t come to an end. Mississippi went bankrupt once, the world hasn’t come to an end. Detroit’s bankrupt, the world hasn’t ended. So if banks in ailing Spain and Greece go bankrupt, bondholders and bankers will lose money. What happens is you reorganize and you start over. It’s been happening for a few thousand years. There’s nothing new about it. - in CNBC 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).

Oil Prices Outlook

Jim Rogers : The price of oil may well go down for a while. China is slowing down, India is slowing down, a lot of places are slowing down. But over a decade the price of oil is going to go through the roof. The surprise is going to be how high the price of oil stays and how high it goes.
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).