Saturday, February 4, 2012

Jim Rogers : If you get your investment advise from any Government you will go broke

Jim Roger's comments on low interest rates and the impact of savings / investments of common folks. Without capital investment there is no economy growth. Drawing parallel to how Japan kept rates low and as a result their stock market is 80pct lower than what is was 80 years ago. Ultimately, huge distortions/imbalance in world economy, more inflation and currency turmoil. Everyone else admits there is inflation except the US. Constantly devaluing currency has not worked for any economy in the long term, short term yes.

For more , video attached -

 

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