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November 23, 2014

When The Liquidity Dries Up, We Are Going To Suffer

We're going to have economic hard times again. Next time it will be worse because the debt is so much higher and because for the first time in recorded history, all major central banks are printing huge amounts of money. So there's this gigantic artificial ocean of liquidity that's going to dry up some day, and when it does, we're all going to pay a terrible price.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several books and also a financial commentator worldwide.
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