Monday, December 9, 2013

Eventually the Global Financial System Will Collapse

"Eventually, the whole world will collapse. We in the West have staggering debts. The U.S. is the largest debtor nation in the history of the world. Central bank easing is artificially propping up global economies now. This isn't going to last. When it ends, the bull market in commodities will probably end too, but the bull market in a lot of stuff will end." - in CBC

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).