U.S. recession, worst “in a while”
Bob Morris @ Jan 7th 2008 21:01 - Category: Credit crisis Tags: recession
That’s the opinion of Jim Rogers, legendary investor and co-founder of the Quantum Fund with George Soros.
“It’s going to be one of the worst recessions we’ve had in a while because we had so many excesses going into it”
“The dollar is a currency that’s terribly flawed and it’s going to be under duress for many years to come.”
He’s massively short the dollar and encouraging others to do the same. The dollar is becoming the hunted, not the hunter.
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