30 Apr 2012

Jim Rogers: America To Plunge Into Deep Recession In 2013 "they should abolish the FED"

Jim Rogers : "...America had recessions and economic slowdowns every 4 to 6 years since the beginning of the republic , you can add by 2013 we are going to have another , and when it comes this time it is going to be worse than last time because debt is so so much higher , the 2008 slowdown was worse than 2002 slowdown because the debt was high next time the debt is going to be up there and it is going to be much worse "....The legendary investor says The Fed is only making the situation worse. Source

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