Jim Rogers Cautions "Be Prepared, Be Worried, & Be Careful... This Is Going To End Badly"
ZeroHedge
“Eventually, the whole world is going to collapse,” Jim Rogers chides a disquieted CBC anchor as he explains the reality that, “we in the West have staggering debts. The United States is the largest debtor nation in the history of the world,” adding that “this is going to end badly.“
However, the co-founder of Soros’ Quantum fund is convinced that the commodity super-cycle is far from over, but driven by supply constraints (and cost increases) as opposed to demand from higher growth. The following interview provides more color on his commodity view as he re-iterates his bullish stance on Ag (with sugar a focus) and Natural Gas (some harsh natural realities coming), warning “don’t get too excited about fracking,” when he talks energy products.
Rogers, in his inimitable way, sums up the state iof euphoria that many markets find themselves in thus, “we are all floating around on a sea of artificial liquidity right now. This is not going to last.”
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Whistler Blowers, Insiders
“Eventually, the whole world is going to collapse,”
Eventually, the Grand Tetons will erode into a big pile of dirt and rocks.
Jim Rogers been warning for the last 5 years, and usually say ” I don’t know what will happen this year or next year but by 2040 the US will collapse” I agree with most of his views in this world, but he aint’ saying much.