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Peakoil.com :: View topic - Jim Rogers.The Dollar is Doomed as is Fed
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Jim Rogers.The Dollar is Doomed as is Fed

 
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pictishbroch
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PostPosted: Sun Jul 13, 2008 12:03 pm    Post subject: Jim Rogers.The Dollar is Doomed as is Fed Add User to Ignore List Reply with quote

In this very recent interview with Bloomberg Jim Rogers says Asia is the future, the dollar is a terribly flawed currency and he doesn't want to own any, oil will certainly pass $200/barrel soon, and the (privately owned) Federal Reserve will disappear within the next decade.

http://au.youtube.com/watch?v=zhLPNdjyjyg
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mmasters
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PostPosted: Sun Jul 13, 2008 1:01 pm    Post subject: Re: Jim Rogers.The Dollar is Doomed as is Fed Add User to Ignore List Reply with quote

pictishbroch wrote:
In this very recent interview with Bloomberg Jim Rogers says Asia is the future, the dollar is a terribly flawed currency and he doesn't want to own any, oil will certainly pass $200/barrel soon, and the (privately owned) Federal Reserve will disappear within the next decade.

http://au.youtube.com/watch?v=zhLPNdjyjyg

China's not the future, except maybe as a world army force. The future is a world for the rich. Energy and healthcare are about the only growing sectors left. The federal reserve will be phased out for a north american central bank within 5 years.
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kpeavey
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PostPosted: Sun Jul 13, 2008 1:46 pm    Post subject: Re: Jim Rogers.The Dollar is Doomed as is Fed Add User to Ignore List Reply with quote

I thought Jim Rogers was Clarence for a minute there.

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Nickel
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PostPosted: Mon Jul 14, 2008 5:47 am    Post subject: Re: Jim Rogers.The Dollar is Doomed as is Fed Add User to Ignore List Reply with quote

mmasters wrote:
China's not the future... The future is a world for the rich


What is it about about these two statements you find incompatible? Have you checked to see where all the money, infrastructure, and know-how the US used to have's been going for the past 20 years?
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