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Jim Rogers 10/10/08 -- (Bloomberg News)

“This is a disaster what they’re doing in Washington. It’s going to be more inflation, more debt…”

“I hope all those guys in Washington do nothing. I hope they just leave it alone. If they just stand out of the way and let some things collapse, we can hit a bottom and we can start over. The problem is, Betty, they keep putting band-aids on a cancer patient. It’s like the Japanese in the 1990s, they would not let anybody fail, and they still talk about the lost decade in Japan. And the Japanese stock market is 80% below where it was 18 years ago.”

Part I: http://www.youtube.com/watch?v=V6ykXcrgDLo

Part II: http://www.youtube.com/watch?v=3gA3uk84pWc



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And Thanks For The Link!

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"Make the lie big, make it simple, keep saying it, and eventually they will believe it." -- Joseph Goebbels

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"Make the lie big, make it simple, keep saying it, and eventually they will believe it." -- Joseph Goebbels

Classic Rogers

He remains the man!

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"Make the lie big, make it simple, keep saying it, and eventually they will believe it." -- Joseph Goebbels

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"Make the lie big, make it simple, keep saying it, and eventually they will believe it." -- Joseph Goebbels

What would suspending world markets do?

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"I killed the banks"