Wednesday, July 27, 2016

Markets: I Am Very Pessimistic

I am very pessimistic about what is going to happen in the world. Asia, Europe, America, the central banks have been printing for 8 years now, interest rates have gone to nothing. I t never happened in world history that you had all major central banks; Japan, Europe, Britain, America printing huge amounts of money, driving interest rates to absurd, artificial levels. It is going to end and when it ends we are going to pay a very serious price.

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.

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