Monday, April 7, 2014

Economic Cycles: Economic Problems Every 4 To 6 Years

We have had economic problems every 4 to 6 years since the beginning of time. I do not see anything that is going to stop that. We all have not suddenly learned some kind of genius, people in Washington certainly do not know what they are doing, in my view.

So, we are going to have a new problem some day, and when that new problem comes it has got to be worse because the debt is so, so much higher.

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).