Next Recession Is Going To Be A Whole Lot Worse

We had a recession in 2002, and it was worse in 2007-08 because the debt was so much higher. Next time is going to be a whole lot worse because the amount of debt is staggering. We’ve shot our bullets. What more can they do...quadruple the debt again? - in Reuters

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%.

Jim Rogers : We never got out of the first recession

In a Phone interview from Singapore with Bloomberg re-known investorJim Rogers, chairman of Rogers Holdings, said :.“If the U.S. and Europe continue to slow down, that’s going to affect everyone,” “We never got out of the first recession.”
source bloomberg.com

Jim Rogers a Recession is due in 2012

Speaking to CNBC Jim Rogers said that there had been a recession every four to six years "since the beginning of time" so one should be due in 2012.

via  The Economic Voice

Jim Rogers predicts a New Recession in 2012

In recent interviews with CNBC and NDTV Jim Rogers was predicting a new recession to come "the world is going to be in worse shape because the world has shot all its bullets." "Is Mr Bernanke going to print more money than he already has? No, the world would run out of trees." Jim Rogers explains that he does not believe that the world economy is going to get any better and that unfortunately the only solution the Central Banks know is that of printing more money..." I suspect to see slower economies in much of the world you're gonna see more money printing and the stock markets are indicating that as well as the commodity market ...in the west we had this gigantic amount of money which was spent trying to promote the market it worked for a while the economy got a little bit better at least for the people who received the money , they thought things were better , well now people are coming to realize that things are not better they are worse for most of us ....
I own gold I have no intentions of selling it especially given the scenario that I have outlined a minute ago of more money printing I have no idea what's gonna happen to gold , I think I will make more money in other commodities than I will in Gold ..well...Gold have been very strong , look at some of the things that are still very depressed I think that's where the opportunities are but i am not selling my gold , if it goes down a whole lot i hope I am smart enough to buy some more ...
If you have people who are insisting on precious metals tell them why do not you buy silver instead of gold , silver is 70 percent below its all time high and gold is near its all time high ! but other things like energy , look at natural gas , natural gas is far below its all time high , crude oil has been very strong for the past year or so , but I really think agriculture is the very best place to invest , because most agricultural products are fairly extremely depressed on any kind of historical basis ......
I still own my Euros I do not quite know what I am going to do with them , I have no intention of selling them you can ask me tomorrow or next week or next year , it will depend on how events unfold , but so far I am very pleased that I bought the Euro , once again not That I particularly know what I am doing but normally when you see market collapsing with great pressure it's time to buy them that's why I bought the Euro .......etc..

Jim Rogers : We will have another Recession and this time it is going to be much worse

Jim Rogers : Inflation is not a risk it is already here

legendary investor and commodity expert Jim Rogers chairman of Rogers Holding joins Newsmax for an interview :I think it is a terrible terrible mistake what Mr Bernanke have done , he is essentially ruining the US economy in the long run and ruining the dollar as well , all of us we are paying the price and we will continue to pay the price " Jim Rogers answers when he was asked about the fact that Ben Bernanke have decided to keep low interest rates for an extended period of time ....Inflation is not a risk it is already here says investor Jim Rogers , I do not know if you go shopping , the rest of us who go shopping we know that the prices re going up explains Jim Rogers , whether it is insurance or entertainment or education or fuel , the prices of everything are going up and we all know it , go to the grocery store and you will see....the prices are going up on everything and they are going to get worse because Mr Bernanke and the people in Washington are spending gigantic amounts of money which we do not have somebody has to pay for this , there is no free lunch ..."stocks are doing OK and stocks are probably going to be OK for at least a while because of all this money that has been flooded into the economy, when all this money is flooded in the market it has to go somewhere and a lot of it has gone into stocks , and that's why stocks have been going up and why they are probably going to continue going up at least for a while ..and will have to let to everybody make their own decision about how much money they want to put into the stock market , but if you going to have cash you ask a very perceptive question , what kind of cash do you want ? if you own US Dollars you may find that you are losing money eventually down the road it's so happen at the moment I own US dollar I am optimistic that the US Dollar is the place to be for the short term for some technical reasons but longer term , the US Dollar is a terribly flawed currency............................



Jim Rogers president of Rogers Holdings is a successful hedge fund manager, investor, writer and regular media commentator. In the 1970's he co-founded with George Soros the Quantum Fund, a private investment partnership which invested in commodity futures, among other investment vehicles, and experienced superior returns over 10 years. former partner and co-founder of the Quantum Fund, and a truly legendary international investor who helped generate a 4,200% total return over a 10-year period .Jim Rogers is always bullish on Asia Commodities Agricultural Products gold and silver . Rogers has been chronicled in John Train's “Money Masters of Our Time”, Jack Schwager's “Market Wizards” and other books. He is the author of several books on investing and the market, and in December of 2004 published “Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market”. Jim Rogers once said about investing in commodities :"Investing in commodities can be a hedge against a bear market in stocks, rampant inflation, even a major downturn in the economy. In fact, I believe that investing in commodities will represent an enormous opportunity for the next decade or so.”
Jim Rogers Commodity Index Rogers International Commodity TRAKRS , trades on the Chicago Mercantile Exchange under the ticker symbol RCI. The RCI represents the U.S. dollar value of a basket of 35 commodities consumed in the global economy both in developed and emerging markets

Jim Rogers : We are going to run out of trees in the world if they keep on printing money at this rate CNBC 17 Mar. 2010

Jim Rogers :there are any trees left if they keep on printing money as they have been doing lately

Jim Rogers : I have not bought any shares anywhere in the world since November 2008 then I bought Chinese shares
"They are pouring huge amounts of money into the market The central banks around the world they are printing money as fast as they can that money got to go somewhere and one of the places it goes is the stock market around the world not only in the US or the west ,
I do not pay any attention to the federal reserve at all , they are a bunch of bureaucrats , they have been dead wrong in nearly everything for years , this particular group on the FED , they have been dead wrong for decades ...
"We're going to have another recession, I guarantee you... By 2012 say, it's time for another recession," Jim Rogers, chairman of Rogers Holdings, told CNBC Wednesday. "The next time it's going to be worse because we've shot all of our bullets," he added.
The Chinese renminbi may replace other currencies in 20 years, but it is "absurd" to think of this now, as it is still a controlled currency, he said."There are two bubbles in the world: one is in Treasurys, the other is in urban and coastal real estate in China," Rogers also told CNBC

Jim Rogers president of Rogers Holdings is George Soros former partner and co-founder of the Quantum Fund, and a truly legendary international investor who helped generate a 4,200% total return over a 10-year period .Jim Rogers is always bullish on Asia Commodities Agricultural Products gold and silver