Jim Rogers talks about the state of the U.S dollar, the possible disappearance of the central banking system in America, and who he'd prefer was running the U.S. banking system.
He also talks about the ongoing and inevitable shift of economic power to China. Rogers also castigates U.S policy on the U.S. doallar and how weakening a currency never works.
The one thing I disagree with him at this time is the availability of oil, which in my estimation is much higher than he projects. He also said there hasn't been a major oil discovery in a long time, although Petrobras has discovered two large fields in the ocean. He also ignores the billions of oil available in the U.S., as well as the potential oil available next to the well-known 1st Canadian sands discovery.
No matter, Jim Rogers is always great and stimulating to listen to. Enjoy!
Jim Rogers Talks Economics
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