Here’s an informative, in-depth interview with Jim Rogers recorded in the last month – running time ~28 minutes.
- Rogers is bearish on the UK economy and the Pound Sterling, as he doesn’t see what can fill the economic holes of the depletion of oil in the North Sea and London’s imploding finance industry
- Countries are starting to question whether they should lend money to the UK, US already
- Capitalism and free markets did not fail – they weren’t allowed to work by Central Banks, which wouldn’t let people fail (starting with the bailout of Long Term Capital Management)
- Farming will be one of the best industries in the world for the next decade or two
- Debasing your own currency has never led to prosperity
- We’re seeing a gradual shift away from the US Dollar as the world’s reserve currency, just as there was a slow move away from the Pound Sterling 50-80 years ago
- Printing money has never, ever worked
Further Jim Rogers reading:
Follow our Jim Rogers updates on Twitter: https://twitter.com/commoditybull
Recent Comments