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Video Jim Rogers, chairman, Rogers Holdings, says that the US is the biggest debtor nation in the world

Jim Rogers On The Next Ten Years By Heather BellOctober 17,2009 I’m moving to China … possibly to live in a bunker. At least that was my inclination after listening to a presentation by Jim Rogers Thursday. Now don’t get me wrong―Mr. Commodities wasn’t all doom and gloom. In fact, his talk was both informative and highly entertaining. But Rogers doesn’t sugarcoat things―he’s very matter-of-fact about his concerns and projections for the future. And most of them don’t bode well for the U.S. I’ll be posting an interview with Jim Rogers on the site in the coming week, but for...

INTERNATIONAL. Legendary global investor and chairman of Singapore- based Rogers Holdings, Jim Rogers said the Fed and the US Treasury should have let 10 banks fail, not just Lehman Brothers, for the financial system to clean itself up. Speaking to CNBC Wordwide Exchange today Rogers said "All the government officials and bureaucrats loved the fact Lehman failed, because they could all jump in and support banks." "This whole problem was not caused by Lehman Brothers or Lehman Brothers failure. Lehman was an effect not a cause." "The real problem over the past 10-15 years has been that regulators have not...

"Letting Lehman fail was perhaps the only thing governments have done right during this whole drama,". Rogers argues that the government's actions to rescue Long Term Capital Management ten years ago created systemic risk based on the assumption that the government would ride to the rescue. "Had the central bank allowed the failure of Long Term Capital Management to run its course, Lehman, Bear Stearns, et al would still be here,"

Falling commodity prices aren't bringing prices for farmland down with them. Even as the price of grain goes down...

Even if you are outright bearish, don't short the market. Stocks could touch crazy levels, but they may be in currencies which are worthless. Indeed, a sovereign default and currency turmoil could rattle world markets in a year or two. In a chat with ET, global investor Jim Rogers says cotton, silver and sugar can be hot picks. Read on.

One of the most popular issuers of exchange-traded notes has stopped selling new shares after telling U.S. regulators it plans to restate earnings going back to 2006. The Swedish Export Credit Corp., which goes by the acronym SEK and underwrites ETNs with more than $411.3 million in assets, suspended issuance of shares in seven of its products on Tuesday. The firm's ETN lineup is dominated by its series that tracks different benchmarks designed by famed commodities manager Jim Rogers. A note on the Web site that markets the ETNs under the Elements brand name on Wednesday said that the company...

Commodities to return: Rogers ‘The world’s food reserves are [low,] so higher prices will occur.’ April 21, 2009 Jim Rogers The global commodities market is about to make a comeback after years of price declines, which have devastated the food and metal markets around the world, according to billionaire American investor Jim Rogers. Rogers, in an e-mail interview with the JoongAng Ilbo from Singapore, where he has recently moved to teach his children Chinese, stressed now is time for investors to return to commodities, and warned them to stay away from U.S. currency. He emphasized that some of the world’s...

Jim Rogers, the co-founder of the hedge fund, the Quantum Fund, talks to Faisal Islam about the world economic downturn. Rescue plan 'ludicrous and insane' Speaking exclusively to Channel 4 News, Jim Rogers says politicians could be leading us into another Great Depression. One of the world's leading financiers has called the economic rescue plans being put forward by Gordon Brown and President Obama, ludicrous and insane. He has been called a Wall Street legend for his investment nous. Now he sees a fundamental shift of power from the west to east. Our economics correspondent Faisal Islam reports.

Jim Rogers co-founded the Quantum Fund. During the first 10 years the portfolio gained 4200% while the S&P advanced about 47%. He's no flake. He says we're in deep doodoo. Could it be that this is exactly what Obama wants...a total breakdown of our economy and society?

“We are on the hook for trillions of dollars for all these people that Geithner keeps bailing out: AIG , Fannie Mae Freddy Mac. I would have let them go bankrupt. That’s the way the world is supposed to work. When people fail they’re supposed to fail. It’s not supposed to have bureaucrats like Mr Geithner step in and put up trillions of taxpayer money in order to save his friends. You know they are all driving their Lanbridinis and he’s supporting them instead of worrying about the taxpayers.” “Geithner is the wrong guy for the job. he’s been around...

Sterling plunged to a seven-year low against the dollar today as one of the world's top investors warned the currency was 'finished'. The pound fell more than two cents to hit a low of $1.3965 as traders reacted to the Government's latest multi billion-pound bailout of the banking system. It is the first time sterling has dropped below $1.40 since mid-2001 and is on track for its biggest one-day percentage fall against the dollar since late 1992. Less than a year ago, it was still trading at $2. Today, it was also down against the euro and the Japanese yen....

NEW YORK, Jan 12 (Reuters) - Jim Rogers, a prominent international investor, on Monday predicted that many creditor nations could start shunning U.S. assets, particularly Treasuries, as the economic crisis lingers on. "If I were the Chinese, I wouldn't buy another single U.S. government bond," said Rogers, who was speaking by teleconference in an interview with Reuters. "I can't imagine anybody is going to give the U.S. government money for 30 years at 2.5 percent or even 4 percent or 4.5 percent. It's mind boggling to me."

Jim Rogers, one of the world's most prominent international investors, on Thursday called most of the largest U.S. banks "totally bankrupt," and said government efforts to fix the sector are wrongheaded. Speaking by teleconference at the Reuters Investment Outlook 2009 Summit, the co-founder with George Soros of the Quantum Fund, said the government's $700 billion rescue package for the sector doesn't address how banks manage their balance sheets, and instead rewards weaker lenders with new capital. Dozens of banks have won infusions from the Troubled Asset Relief Program created in early October, just after the Sept 15 bankruptcy filing by...

NEW YORK (Reuters) - Jim Rogers, one of the world's most prominent international investors, on Thursday called most of the largest U.S. banks "totally bankrupt," and said government efforts to fix the sector are wrongheaded. Speaking by teleconference at the Reuters Investment Outlook 2009 Summit, the co-founder with George Soros of the Quantum Fund, said the government's $700 billion rescue package for the sector doesn't address how banks manage their balance sheets, and instead rewards weaker lenders with new capital. Dozens of banks have won infusions from the Troubled Asset Relief Program created in early October, just after the Sept...

Paul Krugman has been making the rounds of the network morning shows, urging the government to "go big" in spending to revive the economy. His only concern is that Obama might not be planning to spend enough. Heck, as he explained to Kate Snow at GMA, even FDR wasn't a big enough spender in his book. View a clip of Krugman's weekend GMA appearance here, the episode in which, as discussed here, Krugman of all people had to talk Kate Snow down from her fantasy of Obama "forcing" the Bush administration to adopt his policies. None of the network shows...

Tuesday, August 19th, 2008 Exclusive Interview: Jim Rogers Predicts Bigger Financial Shocks Loom, Fueling a Malaise That May Last for Years [The First of Two Parts.] Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report VANCOUVER, B.C. – The U.S. financial crisis has cut so deep – and the government has taken on so much debt in misguided attempts to bail out such companies as Fannie Mae (FNM) and Freddie Mac (FRE) – that even larger financial shocks are still to come, global investing guru Jim Rogers said in an exclusive interview with Money Morning. Indeed, the U.S. financial debacle...

...It fits that Rogers, a former member of the Barron's Roundtable and, with George Soros, co-founder of the Quantum Fund in the 1970s... ...Why are you so bullish on China? China is going to be the next great country. The 19th century was the century of the U.K. The 20th century was the century of the U.S. The 21st century is going to be the century of China. What else intrigues you about China? China was in decline for 300 years and then around 1978 Deng Xiaoping said, "OK, let's find something new." He reintroduced entrepreneurship and capitalism to a...

Federal Reserve Chairman Ben Bernanke should resign and the Fed should be abolished as a way to boost the falling dollar and speed up the recovery of the U.S. economy, investor Jim Rogers, CEO of Rogers Holdings, told CNBC Europe Wednesday. Asked what he would do if he were in Bernanke's shoes, Rogers, who slammed the Fed for pouring liquidity in the system and accepting mortgage-backed securities as guarantees, said: "I would abolish the Federal Reserve and I would resign." If this happened, "we don't have anybody printing money, we don't have inflation in the land, we don't have a...

http://www.ft.com/cms/893ac9c8-757e-11dc-b7cb-0000779fd2ac.html Watch the full video and listen to a man that did not get rich by being stupid. I have no doubt that some will want to bring up his previous partnership with George Soros. If that is the only justification anyone can provide that we should not listen to this man, then I must ask, why should anyone listen to you? What relevance would any of your opinions have? Surely many of you work with liberals in your everyday jobs too; does that make you a liberal? Does that mean that your ideas are bad for America? Use your...

The United States has entered a recession, according to highly-regarded investor Jim Rogers, who told Britain's Daily Telegraph newspaper on Wednesday he was switching out of the dollar and into yen, the yuan and the Swiss franc. (snip) Rogers, who co-founded the Quantum Fund with billionaire investor George Soros in the 1970s, said it made sense to desert the dollar.

Commodities investment guru Jim Rogers stepped into the U.S. subprime fray on Wednesday, predicting a real estate crash that would trigger defaults and spread contagion to emerging markets. "You can't believe how bad it's going to get before it gets any better," the prominent U.S. fund manager told Reuters by telephone from New York. "It's going to be a disaster for many people who don't have a clue about what happens when a real estate bubble pops. "It is going to be a huge mess," said Rogers, who has put his $15 million belle epoque mansion on Manhattan's Upper West...

Commodities expert Jim Rogers says that, while he can't pinpoint the exact timeframe, oil will reach $100 a barrel after a "correction." Readers will remember that Rogers predicted the start of the commodities rally in 1999. "I'm just not smart enough to know how far down it will go and how long it will stay, but I do know that within the context of the bull market, oil will go over $100," Rogers said in a Tokyo interview. "It will go over $150. Whether that is in 2009 or 2013, I don't have a clue, but I know it's going...

OIL PRICES will soar to well over US$100 a barrel and stay high as part of a sustained commodities bull run that has another 15 years to run, billionaire United States investor Jim Rogers told Reuters in an interview. One factor that could bring down the price would be a bird flu epidemic, which would send all asset classes plummeting, he said, although oil would probably fall less than other markets. "We're going to have high oil prices for a very long time. The surprise is going to be how high it goes," Rogers said. Reiterating earlier comment oil prices...

Chinese au pairs are New York's latest fashion: Manhattan's elite wants to prepare its progeny for the economic world of tomorrow. Her parents are caucasian Americans, her home is a $1 million villa on the Hudson River and her favorite place to play is a swing in the yard. But when Hilton Augusta Rogers, aged 2, swings through the air on sunny mornings she doesn't express her joy in English. "Geng gao," she calls to her father Jim. "That means 'higher,'" he says, pushing the swing. The girl is happy and burbles in a child's Mandarin Chinese: "le, le," she...

one of the talking heads on Fox just said that...did i hear that right?

The post-war Western alliance, as incarnated by the United Nations, is finished. Its future is as shaky as Ted Turner's stock portfolio. It needs life support. I can honestly say that I never thought I would see this.