Investors Should Be Worried

Global investors should be concerned about potential economic turmoil as the United States is embarking on a recession and the greenback continues to be unsound, says Jim Rogers, chairman of Rogers Holdings and bestselling author of “Hot Commodities.”

Rogers spoke with Bloomberg TV India on Tuesday and told the media outlet that the U.S. is “over-indebted” and maintains the largest amount of debt in the planet’s history.

He further explained that the U.S. dollar is not sound, and with potential turmoil on the horizon, investors believe that the U.S. dollar is a safe haven for them. This is wrong, says Rogers, who thinks the economic downturn will get worse and thus the dollar will grow and transform into a bubble.

The post Investors Should Be Worried appeared first on LewRockwell.