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Jim Rogers – We Should Be Very Worried after the German Election

September 07, 2012 | About:
Comments from Jim:

- Merkel’s desire to be re-elected will force her to keep things together in Europe for the time being.

- Worries that European companies may start withdrawing if it provides political success for politicians.

- The next slowdown is going to be much worse because we can’t jack up government spending any more than we already have.

- Be very worried about 2013 and 2014.

- Doesn’t like either Romney or Obama for solving the economy. Obama’s people clearly don’t have a clue[/b]

- Generally Jim is short stocks and long commodities, agriculture being his favorite.

- Governments need to cut spending and cut taxes.

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Rating: 3.4/5 (7 votes)


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