Jim Rogers Says ‘the Worst Is yet to Come’
Renowned investor Jim Rogers, co-founder of the Quantum Fund, recently issued several warnings about the U.S. economy. Rogers believes that the worst is yet to come, and that inflation and debt problems will only worsen. He cautions that the U.S. is now the largest debtor nation in history, and the value of the U.S. dollar will continue to decline as more money is printed. Rogers draws a comparison to the British Empire, which was once the wealthiest nation but eventually faced financial crisis. He predicts that the U.S. will face a similar fate, although not in the immediate future. Rogers also points out that U.S. Treasury Secretary Janet Yellen fails to acknowledge the skyrocketing debt and money printing.
Main Points:
- Rogers warns that the worst is yet to come for the U.S. economy
- Inflation and debt problems will worsen
- The U.S. is the largest debtor nation in history
- The value of the U.S. dollar will continue to decline
- Rogers predicts that the U.S. will face a financial crisis in the future
Your Money Needs a Safe Place
According to Jim Rogers, it’s time to consider where you keep your money. He emphasizes the importance of understanding the place where you store your wealth, especially during a crisis. Rogers warns that the U.S. dollar’s time is coming to an end and that a serious financial crisis may occur. Other experts, including Peter Schiff and Robert Kiyosaki, have also raised concerns about inflation, the debt crisis, and the downfall of the U.S. dollar. It’s essential to be aware of these risks and take steps to protect your finances.
By
By
By
By
By