Every 4 to 6 years in the history of America we`ve had a recession or an economic slowdown. It comes fairly regularly. So by 2012 we are overdue again. Whether it comes in 2011 or in 2013, I don`t know. My only point is, its coming again and when it comes the next time what is the government going to do? We can`t quadruple the debt again, Mr. Bernanke can`t print any more money, there are not enough trees for him to print that much money.
So we are going to have a serious problem.
in CNBC
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.
