Jim Rogers

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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Jim Rogers: US’d better stop printing money to let economy recover

August 30, 2010 - 4:23am | Analytics | News
Jim Rogers: US’d better stop printing money to let economy recover

As claims billionaire investor Jim Rogers, chairman of Rogers Holdings, US needs to stop printing money and take on austerity measures like the Europeans did to let the economy recover. 


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Euro and pound will no longer exist soon

March 17, 2010 - 8:12am | Analytics | News
Euro and pound will no longer exist soon

 

Jim Rogers, a prominent expatriate American investor and financial commentator, said on Wednesday that the euro and the pound are unlikely to exist as currencies over the long term.

"The euro will probably break up in the next 15 to 20 years," Rogers said in an interview. "Don't get me wrong, I own the euro."


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US solves the problem of debt with the help of debt, currency crisis is near

September 14, 2009 - 10:04am | Analytics | News
US solves the problem of debt with the help of debt, currency crisis is near

An expatriate American investor and financial commentator based in Singapore Jim Rogers expressed his concerns about the condition in the US economy saying that he expects currency crisis to emerge in the short term as a result of much debt in the system that has not been solved yet.

He noted that the current recovery in the economy is just an implication of sharply reduced consumption in 2008 that bore increased consumption at present time as people seek to buy things they need in 2009.


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