Jim Rogers Says U.S. Bailouts Add to Risk of Depression

Tue, Mar 17, 2009

Misc.

Via: Bloomberg

Jim Rogers told Bloomberg that the U.S. risks sending the world into a depression as its bailouts of failed companies rob healthy businesses of capital.

“The U.S. is taking assets from competent people and giving them to incompetent people,” said Roger

“That’s bad economics.”

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2 Responses to “Jim Rogers Says U.S. Bailouts Add to Risk of Depression”

  1. keith fauciq Says:
    January 7th, 2010 at 3:50 pm

    What happens to gold/silver when the fed begins to raise interest rates?


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  1. Jim Rogers & Waren Buffett Singing Same Song Value Plays says:
    September 7, 2009 at 9:26 pm

    [...] All Things Jim Rogers. This ought to be the first stop for Jim Rogers [...]

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d3cuYWxsdGhpbmdzamltcm9nZXJzLmNvbS93cC1jb250ZW50L3dvb191cGxvYWRzLzMtYWxsdGhpbmdzamltcm9nZXJzLnBuZzwvbGk+PGxpPjxzdHJvbmc+d29vX3ZpZGVvX2NhdGVnb3J5PC9zdHJvbmc+IC0gU2VsZWN0IGEgY2F0ZWdvcnk6PC9saT48L3VsPg==