I've always respected Jim Rogers, even if we have different points of view. However, in this latest interview he manages to hit the nail on the head. We are facing an economic disaster of an unprecedented magnitude. This disaster (as I have discussed in previous posts) will be caused by: Hedge Fund gamblers on Wall Street putting hundreds of Trillions in the derivative market; the Federal Reserve that constantly increases both the money supply and cheap credit, thus putting incredible inflationary pressure on the US dollar which can only result in a period of drastic deflation; and the structural economic weaknesses that have been caused by the Elites within both major political parties with their spreading of Marxist ideology and implementation of so called "free-trade" agreements which have caused immeasurable damage to US industry.I am a firm believer in Capitalism and the benefits of the free market system; however, greed, corruption, and sneaky politicians, have no business being in the marketplace.
https://www.lewrockwell.com/2017/02/tyler-durden/headed-way-economic-catastrophe/