Jim Rogers on Bloomberg: Bailout is "Welfare for the Rich"

Jim Rogers on Bloomberg: Bailout is "Welfare for the Rich"

Jim Rogers on Bloomberg September 25, 2008.

I’ll give you a hint – he’s not keen on the Paulson/Bernanke bailout plan.

“It’s not the end of the world when people go bankrupt, despite what Paulson says” – Jim Rogers.

Recently, Jim says he’s bought:

  • agriculture
  • Chinese shares
  • foreign airlines
  • Swiss Franc
  • Japanese Yen

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