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Jim Rogers - Give Me a Trillion Dollars and I'll Show You a Really Good Time!
Posted by: Canadian Value (IP Logged)
Date: May 21, 2013 04:29PM
Here is another interview with Rogers who is continuing to warn about an unhappy ending to all of the global money printing.
On the US economy Rogers sees an "artificial" situation where the economy is being held up only by the massive easing policy of the Fed. Rogers wonders if Bernanke leaving in a few months might not be because he wants to get out before the consequences come home to roost.
Rogers thinks that stocks will continue to go up as long as the money printing continues. He cites how unusual it is for stocks to go up day after day as they have been doing.
We have had a 32-year bull market in bonds and the current interest rates can't last. When the rise in rates happens Rogers can't say for sure. When that happens the governments around the world with huge debts are going to have big problems.
Stocks Discussed: SPY, DJI, QQQ,