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).
Friday, October 11, 2013
America could default, its scary
As much as I want America to continue its success and lead the world, I personally as a human being cannot understand why the US has to print money and become the worlds largest "debtor nation". Its baffling and mind boggling. Below Jim Rogers has a few words on the subject. "They’re not on the brink of default because they can print as much money as they want. Yes, America’s the largest debtor-nation in the entire history of the world. Nobody’s ever been this deep in debt and it’s going higher and higher."
at 11:37 AM