"Jim Rogers : “People need to stop spending money they don’t have. The solution to too much debt is not more debt. What would make me very excited is if a few people went bankrupt or a few people started paying off their debt. We are going to have financial Armageddon anyways, when the rest of the world is not going to give these people any more money.”
"The Americans and the Germans they want to do everything they can to hold the world together until after the next election. It's going to be bad after the next election." - in CNBC"
at http://jimrogers1.blogspot.com/2012/08/jim-rogers-warns-financial-armageddon.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+blogspot%2FWOHK+%28Jim+Rogers+Blog%29
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