Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

JIM ROGERS: The Next Economic Slowdown Is Coming And It's Going To Be Much Worse
TBI ^ | 5-2-2012 | Henry Blodgett

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 ...


TOPICS: News/Current Events
KEYWORDS: economy; recession; recovery; slowdown

1 posted on 05/02/2012 10:25:53 AM PDT by blam
[ Post Reply | Private Reply | View Replies]

To: blam

One man I would not bet against is Jim Rogers.


2 posted on 05/02/2012 10:29:16 AM PDT by MichaelCorleone (Forget the GOP and join the Constitution Party, because the status quo is no longer the way to go.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
>"the good news we're hearing about the economy is basically just propaganda"


3 posted on 05/02/2012 10:29:39 AM PDT by rawcatslyentist ("Behold, I am against you, O arrogant one," Jeremiah 50:31)
[ Post Reply | Private Reply | To 1 | View Replies]

To: rawcatslyentist

Is the Pope Catholic


4 posted on 05/02/2012 10:35:44 AM PDT by ckilmer
[ Post Reply | Private Reply | To 3 | View Replies]

To: blam

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!!!


5 posted on 05/02/2012 10:36:05 AM PDT by JLAGRAYFOX (My only objective is defeat and destroy Obama & his Democrat Party, politically!!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: rawcatslyentist

Is the Pope Catholic


6 posted on 05/02/2012 10:36:05 AM PDT by ckilmer
[ Post Reply | Private Reply | To 3 | View Replies]

To: blam

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.


7 posted on 05/02/2012 10:44:10 AM PDT by Huskrrrr
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
After a few months of decent data, most people suddenly think the U.S. economy is finally headed towards a recovery.

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.

8 posted on 05/02/2012 10:51:19 AM PDT by Lazlo in PA (Now living in a newly minted Red State.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lazlo in PA
Can The US Skirt A Global Recession?
9 posted on 05/02/2012 11:01:07 AM PDT by blam
[ Post Reply | Private Reply | To 8 | View Replies]

To: All
I'm not saying he's wrong but I will observe that Rogers has been preaching doom since the days he was a Soros sock puppet.

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.

10 posted on 05/02/2012 11:21:21 AM PDT by Proud_texan (Scare people enough and they'll do anything.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

just propaganda from a government hoping to be re-elected this fall.

Hope?....That’s all they got.


11 posted on 05/02/2012 11:30:04 AM PDT by AngelesCrestHighway
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

Propaganda? How unexpected.


12 posted on 05/02/2012 11:33:16 AM PDT by tiki
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

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.


13 posted on 05/02/2012 12:11:23 PM PDT by Venturer
[ Post Reply | Private Reply | To 1 | View Replies]

To: Venturer

Sorry, That’s Jim Rogers. senility is slipping in.


14 posted on 05/02/2012 12:12:42 PM PDT by Venturer
[ Post Reply | Private Reply | To 13 | View Replies]

To: blam

I’ve go a whole page of unfudged economic numbers that don’t look so good. http://www.futurnamics.com/slfed.php


15 posted on 05/02/2012 12:18:40 PM PDT by DaxtonBrown (http://www.futurnamics.com/reid.php)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

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.


16 posted on 05/02/2012 12:25:05 PM PDT by jdsteel (Give me freedom, not more government.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: jdsteel

The crash will start after election day ...if OBAMA wins...the biggest tax hike in history on Jan 1...


17 posted on 05/02/2012 5:17:08 PM PDT by Hojczyk
[ Post Reply | Private Reply | To 16 | View Replies]

To: blam
It will still be Bush's fault. I guarantee it.
18 posted on 05/02/2012 5:19:58 PM PDT by Cyber Liberty (Obama considers the Third World morally superior to the United States.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cyber Liberty

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)


19 posted on 05/02/2012 9:12:45 PM PDT by cableguymn
[ Post Reply | Private Reply | To 18 | View Replies]

To: ckilmer
Is the Pope Catholic?

He is until Barack Obama completes his trifecta: President, Nobel Prize, Pope.

20 posted on 05/02/2012 11:25:48 PM PDT by AZLiberty (No tag today)
[ Post Reply | Private Reply | To 6 | View Replies]

To: blam
After a few months of decent data...

???

WHAT "decent data"? And WHAT is this guy smoking?

21 posted on 05/02/2012 11:39:42 PM PDT by Lancey Howard
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson