Every 4-6 years in the history of America, we have had a recession or economic slow down. It comes fairly regularly. So by 2012 we are overdue again. Whether it is comes in 2011 or 2013 I don’t know. My only point is it’s coming again. And when it comes the next time what is the government going to do? They can not quintuple that debt again. Mr. Bernanke can not print any more money. I mean the world doesn’t have enough trees to print that much money. So we’re going to have a serious problem the next time we have a slow down. Whatever it is, it is bound to be here in 2-3 years at most.
Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.
