Jim Rogers Expects a 10 Year Malaise
In an interview linked below, Jim Rogers says the government’s desperate attempts to prop up failed institutions has never worked in the past and will most likely lead to an economic malaise similar to the U. S. in the 70’s and Japan in the 90’s, only worse. Rogers indicated he hasn’t made any major investment moves lately, but said he has bought Swiss Francs, Japanese Yen, agricultural commodities, airlines, and a few Chinese shares recently.
Source:
http://www.youtube.com/watch?v=wTvZj9E8V2g&feature=related
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