Monday, December 9, 2013

50 Or 60 Years of Excesses in America

We are just making the situation worse. the debt is going higher and higher, the money printing is going higher and higher. We have had 50 or 60 years of excesses in America. You have to pay the price someday, wether we like it or not. The longer you delay the day of reckoning, the worse the day of reckoning is going to be.

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).