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Monday, 27 February 2012

‘Crash Prophets’ Now Warning About 2013

Speaking of crash prophets like Stephen Roach, I’ve noticed for a while now that well-known investor Jim Rogers has been sounding the alarm over 2013 and beyond. I wrote just last Wednesday:
However, Boyle notes that the former partner of George Soros has concerns about the United States after 2012. From the article:
Rogers, who doesn’t own US stocks, warned that next year is likely to be more painful than 2012.
“In 2012, we have elections and many governments pumping money into the economy, spending and printing money. It’s 2013-14 we have to worry about,” he said.
So what does Rogers see in store for the U.S. economy next year and beyond that’s so worrisome?...more

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