The Most Terrifying Prediction for the Financial Markets: A Ticking Time Bomb

By Lola Coin Jun 26, 202369Views

Renowned investor Jim Rogers, who has worked closely with George Soros and co-founded Soros Fund Management, predicts that the next bear market will be the most significant in the last 80 years, potentially worse than the Great Financial Crisis of 2008. Rogers attributes this to the mounting levels of debt within the global economic system, which have skyrocketed since 2008. He warns that the next bear market will be the worst in his lifetime due to the staggering increase in debt over the past 14 years. Rogers also draws attention to the great inflationary crisis of 1980 and warns that a similar situation could be on the horizon for the market. He cautions that two more rate increases by the Federal Reserve could be expected by the end of the year, potentially having significant implications for the future of the financial markets.

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