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.
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)