Jim Rogers -lost decade and voodoo economics

Jim Rogers has made billions over the years betting on the direction of various national economies.
He's taken all this money out of the US.
He explains why.

Jim Rogers sounds like a very wise man who knows exactly what hes talking about.
He seems to think the best course of action is to abolish the Federal Reserve


[edit on 02/10/08 by karl 12]

yep hes a smart guys so is peter schiff, it comes down to common sense

Oh, the treason!

He actually suggested that the Federal Reserve be abolished, and what did the host say?

"Oh, we know that's not going to happen" with a coy tone.

Jim Rogers, you sir are a brave man, and an icon. Thank you for talking sense Jim, ty for posting this as well karl12.

Fascinating interview about the global financial meltdown with one of the world's leading mathematicians Benoît Mandelbrot:

The fractional reserve system;

Federal Deposit Insurance nominally protects depositors on the first $100,000 - now $250,000 - of losses in a bank failure.

There's just one problem with the system.

It's not funded adequately to deal with system-wide failure.

If this politician is to believed, we came very close to a total system-wide meltdown as he correctly admits, no one knows if this kind of a run will occur again and nothing is stopping it.

The Short and Simple Story of the Credit Crisis in an entertaining and easy to understand video:

Jim Rogers on 'refusing to learn lessons from Japan' :

Jim Rogers - This weekends guest on GoldSeekRadio. Hosted by Chris Waltzek.

Link

Originally posted by OBE1
Jim Rogers - This weekends guest on GoldSeekRadio. Hosted by Chris Waltzek.

Link

Thanks for the link
Will certainly be listening to that one.
Cheers.

[edit on 02/10/08 by karl 12]

Oh dear,it seems (yet again) most of the videos have been removed.

I think its about time people stopped using Youtube and moved to more 'editorial censorship friendly' video hosting websites.