Jim Rogers Says "Let Ireland Go Bankrupt"

By on November 24, 2010

In this short video, legendary investor Jim Rogers gives his reasons why Ireland shouldn’t be bailed out.

SMA Comment: The constant bailing out of those who borrow too much money is creating a very dangerous situation throughout the world. The bailout mentality leads to an insidious moral hazard and a concentration of wealth at the top.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>