Jim Rogers Sees Worse Crisis Than 2008 Coming

By on June 8, 2011

Jim Rogers was interviewed by Maria Bartiromo today.  Rogers said the staggering amount of money being borrowed would result in a recession worse than the one in 2008.  He also predicted a dollar crisis and continued money printing by the Fed.  Rogers suggested buying the Chinese currency and commodities. 

Rogers said he was short emerging markets, American technology companies, and one major American financial company he wouldn’t name.  He did reveal that the bank had not gone down as much as the others (maybe JP Morgan Chase?).

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