Jim Rogers: Bloomberg Interview May 10,2010

May 12, 2010

Interviews

Jim Rogers: Bloomberg Interview May 10,2010

Jim must be getting a lot of requests for interviews. My guess is, media companies are scrambling to get as many high profile names as possible to give their opinion on the recent market crash in which the Dow dropped more than 1,000 points in a matter of minutes (hours?). Another individual in the same boat is Marc Faber, but he tends to be on television/radio more often.

Notes On Jim Rogers: Bloomberg Interview May 10,2010

  • All this is going to make things worse not better (EU debt)
  • Currently owns the Euro
  • Doesn’t believe Euro Zone will be around in 15 years
  • The idea of solving a problem with debt and consumption with more debt and consumption
  • Expects problems in the market due to no correction in quite a while
  • Market is due for a correction
  • Has added one new short ( an emerging market index, China?)
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