The U.S. car industry should be allowed to fail, Jim Rogers told UK newspaper Metro.
"Anybody who fails should be allowed to fail" Rogers criticized.
"Capitalism without bankruptcy is like Christianity without Hell - it doesn't work otherwise." as Buffett once said.
In a more genric tone Jim commented, "when you have that many excesses in the world, somebody's got to pay the price."
General Motors, Chrysler and Ford should close its doors.
