Markets Insider: Stocks, Bonds and Real Estate are All Bubbles Set to Pop - and a Harsh Recession is on the Horizon, Jim Rogers Says
Article by Theron Mohamed in Markets Insider
Stocks, bonds, and real estate are all bubbles destined to burst, and America is barreling toward economic catastrophe, Jim Rogers has warned.
The legendary investor and travel author, 81, is best known for co-founding the Quantum Fund and Soros Fund Management with George Soros. He rang the alarm on US debt, said he's betting on the dollar and sees value in commodities, and once again predicted the worst bear market of his life in a Wealthion interview released this week.
Here are Rogers' 9 best quotes, lightly edited for length and clarity:
1. "I'm not bearish on the US, I just am not invested there and I am waiting to sell it short. I expect things to go bad in the US before long, but not today — which probably means they will go wrong today because ......