Jim Rogers & Peter Schiff 2012 Outlook

Legendary Investor Jim Rogers says that the FED is the biggest risk for the US economy in 2012 : "[The biggest risk for 2012] is probably the federal reserve in America because they do not know what they are doing , they are printing a lot and they do not seem to understand economics or finance or currencies or much of anything else except printing money " but according to Peter Schiff of Europac the biggest risk would be if the focus is all on us if Europe solves its problems " the biggest risk is that Europe solve its problems or at least postpone it and come up with a short term solution and then all the focus is on us , we have done all the wrong things so we have got a currency crisis we have a bond crisis that sends the dollar into a free-fall " he said