Wednesday, July 28News That Matters

Jim Rogers: 'Debt & money printing will break America'

International investor Jim Rogers joins Rick Sanchez to discuss the runaway inflation he expects to inevitably weaken US economic might and contribute to the decline of US power abroad.

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23 Comments

  • 黑色羅拉

    Is bad example for the people, if government has no money but he can print for use,, what when people has no money.. he can print it too.. there's no necessary bond or gold deposits as applied to other nations… let's Just do It..

  • isme eiger

    america has displayed to the world every ugly facet in just a short period, divided,hypocrite, malicious , hysterical,this nation is not dying,it's rotting. the smell is so strong that if alien exist , they could find us light years far away , just fellow the smell.

  • ART DECO

    HANDLING THE US DEBT HAS LONG PASSED …TODAY AMERICANS ARE LIVING ON BORROWED TIME….FIAT MONEY IS NOT WEALTH..IS MONEY PRINTED BACKED BY AIR..JANET YELLEN ,IS PAIDE ENOUGH ,TO SAY WHAT WASHINGTON WANTS TO HEAR.,THIS IS LIKE ECONOMY MONEY,YOU CAN WIN MILLIONS,BUT TRY TO TAKE IT TO THE BANK..

  • Harry Kuehb

    China will get enough countries to give up the dollar and the SWIFT system. Trading in regional or the yuan currencies. Then you'll see the worm turn, no one will lend Uncle Sam money. Secondarily when the debt eats more and more of the budget just in interest and general debt costs so much so there is no real room for much else. Then it gets real. No lenders and no wiggle room, like a debt anaconda squeezing America to death.

  • telfast tray

    If it haven't happen yet does not mean it will never happen. A lot of people are too stubborn for their own good!

  • stuartfit

    Started with GREED for money, power and control hence the Bretton Woods agreement in the 50s then America "detached" Gold (for control) in 70s, no doubt America has enjoyed all those privileges for decades but there's price to pay for all that. When those greed turned into more greed, those elites, rich and powerful will continue to benefit leaving the worse for the low to middle income groups to suffer, USD to be devalued, other countries would gradually deal with their own currency or create digital currency to avoid using USD. SUPPRESSION seems to be the way for US, suppressed the inflation rate artificially, suppress any other countries which coming near to compete economically, suppress big corporations which beat American corporations to be the best like Toshiba in the 80s, Alstom in 2013 and now Huawei, all with price to pay – other countries are gradually dis-trusting US more and more. With around 30 trillion national debt, little self productions of goods and hyperinflation coming, the collapse will be worst than anything before ever seen. Brace yourself Americans, try to create buffer as much as possible so that you won't suffer as much when it happens, and it's not going to long.

  • Liveasifyouweretodietomorrow

    Lol. Economy is like a penis. It actually doesn't collapse. Sometimes it becomes larger in size , sometimes becomes smaller. Yeah, quite similar to that thing between legs.

    Economy is built & controlled by everyone's everyday activities, so it keeps expanding & contracting. That depends. If no human beings, economy ceases to exist! 😊

  • panther 3

    Why the US only thinks of itself FIRST!
    Not others!
    Their hands are far-reaching into other countries' sovereignty!
    Very selfish and self-centred hypocritical country!

  • Catlover22

    if the government gives free money to the people, companies will increase the price of their goods and services without increasing production so that they do not need to add workers, there is no need to add other production costs, this causes inflation

  • charlie pearce

    Love America
    But Looking from the outside
    You guys need to dump Joe and the Squad
    And maybe get some guy who's really good at business
    To run the country !
    Never Ever think you Deserve anything…
    That's the easiest way to go broke in a flash !

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