Friday, January 4, 2013

The U.S. Economy Is Lost

Jim Rogers : The U.S. economy is lost, full stop. No matter what happens, you know? Whether the clowns in Washington make it worse or better, it`s irrelevant. America is now the largest debtor in the history of the world. We are increasing our debts at over 1 trillion US dollars every year. This is not going to be fun. - in BBC Related: SPDR Dow Jones Industrial Average ETF (DIA), 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).