"Jim Rogers : “The idea that you prop up people who are bankrupt is what Japan did. Japan had two lost decades, America will have a few lost decades,” The US government should balance the budget rather than pile on fresh debt to deal with its problems, but it won’t.“They want to be elected,” he said. “They all believe in the tooth fairy. All these guys believe the tooth fairy will bail them out.” Jim Rogers, told Emerging Markets in an interview."
at http://jimrogers1.blogspot.com/2012/10/jim-rogers-america-faces-few-lost.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+blogspot%2FWOHK+%28Jim+Rogers+Blog%29
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