Posted on 11/11/2015 1:14:23 PM PST by Hojczyk
International investor Jim Rogers sees limited investment opportunities and warns that mounting worldwide debt and too much easy money will lead to a global bear market.
“The next time around, we are going to have a very serious problem, I’m afraid,†Rogers told Barron’s. “So basically what I’m saying is that I’m not racing around looking for markets.â€
“Big problems are going to come from the U.S. essentially because it has been the American central bank which has been the most at fault. We’re the ones who started all this money printing and everybody else of course copied us, but it is the first time in recorded history that you’ve had all the major central banks printing staggering amounts of money: Japan, America, Europe, Great Britain, we’re all doing it," he said.
"Having said that, you look back at previous bear markets they usually start with a small, marginal country that snowballs and the next thing you know we’re all in trouble.â€
(Excerpt) Read more at newsmax.com ...
Debt both causes and kills growth?
He is not like George though.
Jim Rogers likes to make bold pronouncements, but there’s no real follow-up on his assertions.
For the past seven years, the market indexes have gone through the roof while debt has mushroomed. So why is debt a concern all of a sudden? Might it have anything to do with the reign of Obama starting to wind down?
“International investor Jim Rogers sees limited investment opportunities and warns that mounting worldwide debt and too much easy money will lead to a global bear market.”
Why would a bear market create “limited investment opportunities?”
It's before the bear market that the opportunities are limited. During the bear market, there are plenty of opportunities, if you have any money left.
“During the bear market, there are plenty of opportunities, if you have any money left.”
Ain’t that the truth. :)
You bet. When baraq leaves office, if he really does, the markets will revert back to reality. And it will be Bush’s fault. You see, he left financial timebombs set to go off 8-9 years after he left office. It will never be baraq’s fault.
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