Jim Rogers : I do not expect the US government to go bankrupt anytime soon

Jim Rogers : ...I do not expect the US government to go bankrupt anytime soon , just because I am short government bonds means I think the US will go bankrupt , I do think it will go bankrupt eventually but that's years away , we had a big bear market in bonds from 1946 to 1981 bonds went down for 35 years in the US , The US did not go bankrupt when bonds went down for 35 years so you can have a bear market in bonds without bankruptcy .....- in RBS Conference 22.11.2011