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yahoovisitor (December 31, 1969 at 4:59 pm)
When the national wealth is being thrown out in the 3rd World War at one man's will, collapse of economy is but evident. Imposing taxes to save the country's economy from decline and throwing away all in the war so far resultless will surely bring decline in economy & lose the investor's trust to further invest when loss is evident on all sides. The new president will surely have to see this dark side of the economy and give it a support to stand up as bankrupsy is not at all a good sign.
AcidIntheRain (December 31, 1969 at 4:59 pm)
dame the interviewer.What we want to get from Rogers is ECONOMY! Not POLITICS!! why would he raise the question about Tiananmen in the middle of a Economics topic? Damn rookie!
kenji4861 (December 31, 1969 at 4:59 pm)
The interviewer seems very nervous.
bytelad (December 31, 1969 at 4:59 pm)
Of course this guy wants to see the dollar get crushed, his fund bets against the dollar and rise of commodities! His fund is the Rogers International Commodities Index. What a traitor.
KhmerD0g (December 31, 1969 at 4:59 pm)
the end game for the U.S. is Great Depression II. it's going to happen because we have too much debt. debt is the main cause. by the end of christmas u will start to see huge layoff. more increase in food prices, yet the salary is flat. be prepare by stocking up food, water and loaded gun. it's going to be bad. the U.S. as u know it will not exist. the new U.S. will be like mexico or even third world country.
rusH1023 (December 31, 1969 at 4:59 pm)
And at what price?
KhmerD0g (December 31, 1969 at 4:59 pm)
we're seeing the falling price of commodities and precious metal because of deleveraging, unwinding and currency repatriation. after that period we'll see huge inflation. shadow banking is collapsing.
vonleixy (December 31, 1969 at 4:59 pm)
when i review this interview, i have the same feeling as yours. obama should hire him for economics consultant; unfortunately, the dollar printing will continue without "poor" Ron Paul.
vonleixy (December 31, 1969 at 4:59 pm)
i can't agree with this guy more. he was so right about poor Ron Paul. his comment on china is very objective.
yahoovisitor (December 31, 1969 at 4:59 pm)
The way Earthquake affected people afraid of their cracked walls & roofs to be falling on them are sitting under the open sky, in the chilled cold similarly the US investors afraid of declining economy are not investing any more in the collapsed US financial system afraid of their investments to distort in the worst way, thus making the US economy balloon burst altogether. 3:54 And (the unbelievers) plotted and planned, and Allah too planned, and the best of planners is Allah. |