Monday, August 12, 2013

Astronomical Debt Figures In U.S.

The US will never pay it's debt back. It knows no one will come knocking on it's door step any time soon. This is why countries like China are investing a lot more into their armed forces. When it's strong enough, it will want it's money back..

Katie Pilbeam talks about the worrying new estimations on US debt figures with Jim Rogers, a legendary investor author of Street Smarts: Adventures on the Road and in the Markets.
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).