It is certain that there will be another recession in the United States and therefore in the world in the next couple of years. What will happen when the economy gets bad?
First they will panic and then they will print lots and lots of money because they don`t know what else to do. Congress will start spending a lot more money because they don`t know what else to do. If people get into trouble they will prop them up, some people they will prop up.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.