The Next Economic Crisis Will Be Terrible

The next time we have an economic problem in the U.S. it is going to be terrible because the debt has gone up very much.

Asia is a creditor region, a low cost place to do business, taxes are lower, people save and invest here, the savings rate in China is over 35%, in the U.S. is 2 percent. We have to face the facts.

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.

Investment Opportunity: Russian Government Bonds

In my view the Russian Ruble is making or has made a bottom. Likewise interest rates in Russia, if the Ruble is bottoming and interest rates are about to start going down again, I will get a double play owning Russian Government Bonds denominated in Rubles.

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.