September 27, 2011
Jim Rogers was on CNBC this morning and he made some bearish comments about the U.S. debt situation relative to the European debt crisis. “Europe has a few bad, bankrupt states, so does America. We’ve got Illinois which is bigger than Greece, we’ve got California, we’ve got New York, you know those are pretty big [...]
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August 29, 2011
George Soros gave a candid interview with Der Spiegel about the future of the European Union and the Euro as a currency. In essence, Soros makes the following argument: The world economy needs the Euro. The Euro is doomed unless Germany guarantees the debts of nations such as Spain and Italy. Germany must introduce Euro [...]
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