The United States doesn’t have a plan, and they haven’t had one for a couple years, according to this latest Jim Rogers video. It is simply the taxpayers bailing out Wall Street. We are now on the hook for trillions of dollars for these bailouts. They have stolen trillions of taxpayer money in order to bail out their friends.
Geithner is totally the wrong guy for this job. He was in charge of the New York Fed. He was in charge of making sure that Wall Street played within the rules, and now he has the keys to the entire treasury. He saved Bear Sterns so that all of his friends could get their bonuses. It is all the same mistakes that Japan made in the 1990s. He said that the only problem with Japan is that they didn’t spend enough money. That is nonsense. They did nothing but spend money. They build bridges and highways to nowhere.
Finally, the latest Jim Rogers prediction is that we are going to have serious inflation here in the United States. Dollars will become more and more suspect, and more and more under duress.
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