Jim Rogers : Greece is going to default there is no question about it

Jim Rogers : Greece is going to default there is no question about it , Greece cannot pay its debt they can do it in an organized manner where they can say OK we are going to put this together we are going to take 50 percent loses or whatever or they can just walk out of the door and call it a crisis , you're going to have some kind of default there is a hundred percent chance of that whether it is in an organized manner or a disorganized manner with Greece leaving the Euro going back to the Drachma causing chaos I do not think that will happen not this year anyway it might happen someday but not this year - in Rt America
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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%.