Jim Rogers Bernanke is an Idiot he should Resign Inflation is here and it is going to get worse
Jim Rogers the Indiana Jones of Finance author world traveler and the co-founder with George Soros of the Quantum Fund says that America is now a socialist country cause the American government now owns much of the automobile industry much of the insurance industry much of the banking industry Carl Marx would be cheering in his grave by now saying wow we did it without even firing a shot ....Ben Bernanke is an idiot he has been dead wrong every day he was there ...the US have printed so much money and taking out such a staggering amount of debt and nobody really knows how much debt they have , USA has taking out trillion and trillions of debt that always have led to problems whether it is inflation or bankruptcy printing money have always led to inflation in the past I presume it will this time as well...nobody can get loans to open farms right now or mines for that matter inflation is a worldwide phenomenon cause all governments around the world are printing huge amounts of money , I shop , you shop you know that prices are always going up , so inflation is here and it is going to get worse ...commodities are the best to be silver will be do good , cotton sugar agriculture all good commodities to invest in...China have saved a lot of money for rainy days , now it is raining but china cannot save us all cause the Chinese economy is only one tenth of the US and European economies , in China they have a horrible water problem India have it even worse..., if you are in the water business in China you would not know the recession unlike the exporting sectors ...Inflation is coming even in china ....
Jim Rogers, speaking from Singapore discusses the outlook for global economies and currencies
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