Financial Times investment editor John Authers interviewed Jim Rogers in Seoul, Korea to get his current view on the world economy, Obama, China, and the failures of regulators. Below are notes to the first part in which Jim covers the U.S. Dollar
Notes:
- We are in a period of forced liquidation
- Artificial rally will occur
- Will get out of dollar “when everyone starts talking about it”
- Federal Reserve balance sheet has been destroyed by Bernanke
- Recession will be worse since WW II
- Never has seen where Americans can buy house without no money down
Memorable Quote
“U.S. Dollar is a flawed and doomed currency”
Source and Link To Video: http://www.ft.com/cms/893ac9c8-757e-11dc-b7cb-0000779fd2ac.html?_i_referralObject=929363526&_i_referrer=rss
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[...] are the Youtube videos from the Jim Rogers financial times interview this past weekend. Its great to have the Youtube videos as the Financial Times videos sometimes get [...]