Jim Rogers on the debt ceiling

Jim Rogers :    "If they raise the debt ceiling that means that the government is going to go on for few more weeks few more months until they run up against the debt ceiling again that does not change policy that just says we gonna continue spending all this money , spending all this money is very bad that's the point I am making that overall situation is getting worse because we are going deeper and deeper into debt " in Fox Business News with Judge Napolitano


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 : raising the debt ceiling will not solve the problems

Jim Rogers :  ....if they raise the debt ceiling that means that the government just gonna go on for few more weeks few more months until they went up the debt ceiling again that does not change policy if we just have to continue spending all this money , spending all this money is very bad that's the point I am making , the overall situation is getting worse because we are going deeper and deeper into debt





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%.