In an interview with Sir David Frost on Al Jazeera television, veteran investor Jim Rogers pinned the blame for the economic crisis squarely at the feet of the Federal Reserve, and said that the World Bank and the IMF should be abolished, not given more power, if a recovery is to be made.
Rogers strongly slammed Obama’s stimulus package, pointing out that more good money was being thrown after bad, and that the bailouts were only making things worse. The veteran investor said that the U.S. was following the same disastrous policies as Japan in propping up companies that should be allowed to fail, and that the same consequences would be reaped as much as 20 years into the future.
In response to a question about what if any sectors would be profitable amidst the crash, Rogers advised people invested in stocks to “get yourself a tractor and learn how to farm”..... more on www.infowars.com
Omul de afaceri Jim Rogers: Cel mai bun lucru care s-ar putea intampla ar fi sa desfiintam Banca Mondiala si FMI ... mai multe pe www.ziua.ro
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