Jim Rogers: Dollar Faces Unavoidable Crisis

Thursday, September 17, 2009 9:15 AM

By: Ellen Chang and Dan Weil

The U.S. dollar faces more uncertainty and a currency crisis is unavoidable, says commodities guru Jim Rogers.

The economy could take further hits as debt levels remain high, he told CNBC. The recent rebound is only a reaction to consumption falling immensely in 2008.

"How can the solution for debt and consumption be more debt and more consumption? How can that be the solution to our problems? I would expect there to be a currency crisis or a semi-crisis this fall or next year,â€