Monday, March 8, 2021

Tag: ‘We are going to have a horrible time

‘We are going to have a horrible time,’ Jim Rogers tells Boom Bust as global debt skyrockets

from RT:

Central banks around the world will continue printing money as long as it’s necessary, says legendary investor Jim Rogers, calling it “madness.”

He talks to RT’s Boom Bust about the state of the global economy and what could be over the horizon. Never before in world history have interest rates been so low, Rogers says. The US’ central bank, the Fed, increased its balance sheet by over 500 percent in less than a decade. Japan’s central bank prints money and buys ETFs and bonds.