Jim Rogers : U.S. and Europe are headed for years of decline

“We're going to have more crises down the road,” . “The politicians keep delaying the problems rather than dealing with them.” “Things may look better for a while, but I'm very worried about the longer term,” both the U.S. and Europe are headed for years of decline because of their loose monetary policies and rescue tactics. Jim Rogers told the attendees at a Reuters investment conference in New York.
Jim Rogers 's golden words: Investment in productive capacity is what leads to the long term growth of economy.Jim Rogers is not only an astute businessman, a voice of reason and a gentleman but is also blessed with a genuine sense of humor - Jim Rogers says that the pound is worse than the dollar.



One important fact you need to remember. When the crash happens, a new system will be offered. Refuse it, unless it is a gold standard.I doubt that they would offer a gold standard due to what happened in the UK in the 1930s when Churchill tried. It'll just be another Fiat currency backed by nothing.