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America is on the brink of a disastrous financial crisis, says Rogers

June 9, 2011 - 2:28am | Analytics | News
America is on the brink of a disastrous financial crisis, says Rogers

Jim Rogers, chief executive of Rogers Holdings, warned this week that the United States is approaching another ruinous crisis worse than that of 2008.

"The debts that are in this country are skyrocketing," he said. "In the last three years the government has spent staggering amounts of money and the Federal Reserve is taking on staggering amounts of debt.
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Ben Bernanke | debt | financial crisis | Jim Rogers | money print | spending
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