Rogers strongly criticized the Obama’s stimulus package on Al Jazeera television, pointing out that more good money was being thrown after bad. Jim Rogers added that the United States was following the same disastrous policies as Japan in propping up companies that should be allowed to fail. The same medicine will have the same consequences as much as 20 years into the future.
Jim Rogers has been trading futures and stocks for over 40 years. He is mostly known for his commodity futures trading and for his insights into the forex and currency futures markets.