I suspect it will be in 2012, 2013 because if nothing else, every 4 to 6 years through out history we have had an economic slowdown in the United States for many, many different reasons. So we are overdue, 2012, 2013...
When the next slowdown comes what is America going to do? We cannot quadruple our debt again, we cannot print staggering amounts of money again. So the next slowdown is going to be worse than 2008 that was worse than 2001/2002.
So things just keep getting worse, the debts keep going higher and higher. - in Fox Business News
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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.