Ricochet is the best place on the internet to discuss the issues of the day, either through commenting on posts or writing your own for our active and dynamic community in a fully moderated environment. In addition, the Ricochet Audio Network offers over 50 original podcasts with new episodes released every day.
Jim Rogers: Biggest Financial Collapse in my Lifetime is Overdue
The billionaire commodity guru Jim Rogers believes the next economic catastrophe is coming and when it arrives it will be the worst financial calamity the 74-year old investor has ever seen. “The financial markets are going to have the worst problems in my lifetime.” Jim joins us at Whiskey Politics and discusses China, Janet Yellen, why “Mr. Obama wasn’t a very smart guy,” his opinions about Donald Trump, and of course we ask Jim to suggest how we can protect ourselves.
Find Jim all over the financial websites, including CNBC, Business Insider, Zero Hedge, and Wall Street Journal and his website: http://jimrogers.com. Be sure to subscribe to Whiskey Politics at YouTube and our audio podcasts at iTunes, Stitcher or GooglePlay where your 5-star rating would be appreciated as it will help get the word out about our fledgling production (iTunes especially!) In: Little Green Bag, George Baker Selection. Out: Take The Money And Run, The Steve Miller Band. Produced by Praemonitus Communications and pictures by Thompson Clicks Photos.
Published in General
I’ve stopped listening to financial gurus some time ago, but this guy is always worth listening to. He focuses on the very basics, the large lumpy realities. Of course, I see global financial markets similarly.
I followed Rogers since the early days of CNBC–mostly on commodities– and read his fascinating book about traveling the world on his motorcycle. He is always an interesting listen, although I think it’s fair to point out he’s often been a bit apocalyptic in his predictions.
Besides the prospect of another financial crash because of high debt levels, Rogers did say he’s bullish on a lot of things. What I found particularly interesting is that he’s not apocalyptic on China, despite Dave Sussman’s attempt to elicit agreement from him that the country’s economic ascent is a “charade”. Rogers makes a fair point that a rising economic giant can weather all manner of political and economic turmoil.