Posted on 05/02/2012 10:25:38 AM PDT by blam
JIM ROGERS: The Next Economic Slowdown Is Coming And It's Going To Be Much Worse
Henry Blodget
May 2, 2012, 11:27 AM
After a few months of decent data, most people suddenly think the U.S. economy is finally headed towards a recovery. Not Jim Rogers.
Rogers, who stopped by our offices the other day, thinks another economic slowdown is coming and that it will be much worse than what we've just experienced. Rogers says the good news we're hearing about the economy is basically just propaganda from a government hoping to be re-elected this fall.
(Click to the site to view the Jim Rogers video)
(Excerpt) Read more at businessinsider.com ...
One man I would not bet against is Jim Rogers.
Is the Pope Catholic
Look, I have been posting for years that Obama is an enemy of the American state and the American way of life. His sole goal and purpose is to destroy the USA in any way that he can. And....for you fools out there that think his trip to Afghanistan will do our country any good guess again. He signed nothing, no agreement, no plan, no pact, no resolution. All he signed was an agreement to sign an agreement, which does not even exist yet. The Taliban that he loves so much greeted him this morning with something he pays no heed to, the slaughter of Afgahn innocents. Go figure!! Man...I cannot stand that phoney excuse for a human being!!!
Is the Pope Catholic
As my Dad used to say (about slow traffic): “If things get much slower we’ll be moving backwards.”
Without massive government spending, which can’t be sustainble, we are moving backwards.
Maybe the people at the Regime water carrying news outlets think things are getting better, but most people on the streets don't believe one word of it. Just look at polling. People still think things stink.
And I've always wondered how that 1983 long position in Egyptian cotton worked out for him seeing as how he thought the US market was poised for a HUGE downturn and Egyptian cotton was The Place To Be.
just propaganda from a government hoping to be re-elected this fall.
Hope?....That’s all they got.
Propaganda? How unexpected.
Jim Roberts is probably a pretty smart man, but I think most of America is right there with him.
That is one thing that is holding up progress, Everyone knows that this is a false start toward America coming back.
Sorry, That’s Jim Rogers. senility is slipping in.
I’ve go a whole page of unfudged economic numbers that don’t look so good. http://www.futurnamics.com/slfed.php
It is not unpatriotic OR pro-0bama to say the economy and the stock market are moving away from the last downturn. Growth is slow and could be much better except for the useful idiots in Washington. But things are getting slowly better, not worse despite the Feds. Do we have huge debt and structural problems that could create another, even worse crash? YES. Is it going to happen in the next 12 to 24 months? IMHO, no. Do what you want, but I am making profits.
The crash will start after election day ...if OBAMA wins...the biggest tax hike in history on Jan 1...
Well duh.. Had he not got his tax cuts back then.. we would not have the money problems we do now!
(/s for the sarcasm impaired)
He is until Barack Obama completes his trifecta: President, Nobel Prize, Pope.
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