Markets: "It is going to be worse than 2008"

It is going to be worse than 2008, you are going to see bankruptcies, the debt is much higher all over the world now than it was 8 years ago. Even China now has a lot of debt which did not have in 2008. I am afraid we are going to see a lot of problems, everybody`s debt is going through the roof, money has been printed, be worried.

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.

Since When Is Inflation Good For The World?

Since when is inflation good for the world? I have read lots of history books and economic history books and I have never heard except in the last decade people advocating inflation. Inflation is usually something that people tend to stay way from and if you want to use the Japanese example, the Japanese stock market today is down 60 percent from its all time highs, 26 years ago. If you want to use Japan as an example I am afraid we got a long, long period of problems ahead of us.

(Nikkei 225 Index, S&P 500 Index)

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.

The Federal Reserve Will Try To Come To Our Rescue Again

I am worried about the gigantic debt in the U.S. as a start, and second I am certainly worried about the Federal Reserve because because what more can they do? What will probably happen is we will start having problems again wether this month, in the spring or in the summer, the Federal Reserve will panic, they will try to come to our rescue again, they will print more money, they will lower interest rates if they can. The Federal Reserve is not out of it yet. The Federal Reserve is the one making this problem and making this worse and worse and worse. Capital is being misallocated.

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.

Investing: "I Am Not Short U.S. Treasuries"

I am not short U.S. Treasuries, I am short U.S. stocks, I am short U.S. junk bonds. The spreads between Treasuries and junk bonds got to be very, very narrow. So I am short junk bonds but not Treasuries.

Interest rates will be going higher in the U.S. little question of that, wether the Federal Reserve takes them up or the market takes them up. We have had this artificial level of interest rates for a decade now and this has to change.

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.

Markets: Long China, Long U.S. Dollars & Short U.S. Stocks

At the moment I am short the United States and long China, as far as the stock market is concerned. I do own a lot of U.S. Dollars, many more U.S. Dollars than any other currency. I prefer to be long China and short the U.S. than the other way around. That does not mean that there will not be problems in China. China trades with everybody in the world and if everybody in the world has problems and they are starting to have problems, such as Japan, Korea, some of the other countries, China will too.

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.

Bankruptcies in China Will Scare A Lot Of People

There is no question that there is now debt in China. In 2008 whn the world had a problem, China could help bail us out because they had gigantic money saved for a rainy day and they spent some of that money. America spent a lot of money but we did not have any money saved up, we just printed it and borrowed it. Yes, there is a difference in the world between 2016 and 2008, is that China does have debt now but nothing like America, Britain or Portugal or some other countries in the world.

You are going to have bankrupcies in China, at least I hope we are going to have bankruptcies in Chin, I hope that the Government lets them go bankrupt and that is going to scare a lot of people and de disruptive. (iShares FTSE/Xinhua China 25 Index ETF (FXI), iShares MSCI Emerging Markets Index ETF (EEM))

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.

Global Markets: "I Am Worried About The World"

I am worried about the world in 2016 and in 2017. You have to remember, Japan which is the third largest economy in the world is in recession, officially in a recession, and many parts of Europe as you well know, there is a disaster going on in Europe.

The world economy is suffering in a lot of places and for people to blame all this on China... China is a victim more than a cause going forward. The real cause of course is the American central bank and the American government running up debt but China is a victim like everybody else.

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.