A year after Lehman Brothers collapsed, CNBC invited Jim Rogers to give his thoughts on what has happened one year later and whether the government could have handled the situation better. Jim Rogers believes we would have been better off if we would of left those who failed fail. Also, Jim Rogers continues to hold no shorts and advices investors to learn how to short long term government bonds “as that’s where the next bubble will be”
“What (investors) should do is worry about all the debt developing in the US. They should short bonds because that’s the next bubble that’s building in the US,” he said.
“I own basically commodities where the fundamentals are getting better… I own particularly the yen and the Swiss franc. I don’t own many stocks, only in China.”
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October 1st, 2009 at 1:12 pm
In the first interview, the guy argueing with Jim is unbearable, “I dont disagree with you” “I agree with you” all the time while completely disagreeing, wtf…