Serious Global Financial Crisis Coming As Debt Levels Skyrocket, Warns Jim Rogers: 'It Will Be The Worst In My Lifetime'
Seasoned investor and co-founder of Soros Fund Management Jim Rogers has offered a gloomy outlook for the U.S., warning about the country's growing debt burden.
What Happened: In an interview with Sputnik International earlier this month, Rogers said that the U.S. is facing a significant challenge with its rapidly escalating debt, which currently stands at an alarming $32.47 trillion.
He predicted the mounting debt burden would eventually manifest through persistent high inflation and elevated interest rates.