Jim Rogers Video Interview - Reuters - Sept 21 2011

Jim Rogers : ...we are going to have a global recession because because because ...every 4 to 6 years in America we've had economic slowdowns and recessions we are overdue late in 2011 , 2012 2013 it's coming for whatever reason , we have always have had them every 4 to 6 years so we are going to have one again , part of the main problem is in America we spent a lot of money the people who got that money are better off but the rest of us are worse off , the debt has gone up by a staggering amount may be 400 percent when you take the all balance sheet guarantees the FED has printed a huge amount of money , no there are many things wrong they are just getting worse not better it is like in Japan they kept propping people up they had a lost decade then they had two lost decades , we had a lost decade we are going to have another one too , we are making horrible mistakes in running the US economy... 

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.