Jim Rogers Says: Buy Commodities Now, Or You’ll Hate Yourself Later
Posted on June 07, 2012 at 07:00 AM EDT
“It’s coming again” warned commodity legend Jim Rogers earlier this week. When asked about the future of the U.S. economy Rogers had a pessimistic outlook, as he feels that the global financial landscape is simply too volatile to avoid another recession. And what’s more, Rogers thinks this next one will be worse than 2008. He cites the recessions in 2002 and 2008, stating that the 2008 recession was so much worse because of higher debts. Now, in 2012, debts are even higher, leading Rogers to believe that the coming recession will be even worse [see also Warning: Ignore Bill Gross’ Hard Money Prediction At Your Own Risk ]. See the full story here →