Thread: Jim Rogers: ‘Helicopter Ben’ in Over His Head

Jim Rogers: ‘Helicopter Ben’ in Over His Head
Friday, Dec. 21, 2007 5:04 p.m. EST

Investment guru Jim Rogers says the U.S. economy is either in recession or on the brink of it, and that America’s political leaders already know it.
"The American economy is already in recession or very close to it, and the administration knows this but is lying to the public," investment guru Jim Rogers said this week.

He told the Israeli business newswire The Globes that it might take six months for the recession to unavoidably apparent. He added that Fed Chairman Ben Bernanke is unlikely to do much about it – except perhaps make inflation worse.

"He's an academic with no experience in capital markets. All he has learned is to print money,â€

Investment guru Jim Rogers says the U.S. economy is either in recession or on the brink of it, and that America’s political leaders already know it.

The way things are going, and if it continues this way, "Depression" would be a better word.

It amazes me that the Federal Reserve, who caused this mess, is not even
a government agency. It's a private banking agency. So how come they control the economy? Fishy stuff going on...

Moving to Other Topics.

Maybe the WTO, as it has with other countries, will come in a 'bail us out' - in exchange for a deed to the country - or it's resources so they can be sold off to big corporations.