You’ve defaulted, but you’ve paid off the debts, but the people who receive that worthless money are not very happy. And that’s going to happen in the US. You’re going to see institutions that we’ve known in the US for decades are going to disappear, or totally turned over.
Lehman Brothers had been around for 150 years. Bear Stearns had been around 80 odd years, or something. You’re going to see more of that. You’re going to see more universities disappearing. Some of the Ivy League schools are essentially bankrupt, or we’ll find out that they’re bankrupt. So you’re going to have huge, huge turmoil, many museums, hospitals, art galleries, many things that we’ve known and loved, are going to be in serious trouble, disappear, and in the meantime you’ll have new companies, institutions rise.
HE MADE HIS MONEY IN THE U.S, AND LIKE CHICKEN TOOK OFF WHEN TIMES GOT HARD. VERY LOYAL. HE IS RIGHT ALTHOUGH ABOUT THE DEFAULT. HOWEVER, IF WE GO DOWN THE REST WILL GO DOWN ALSO, AND MUCH WORSE.THEIR IS NO CHINA WITHOUT THE U.S . WAIT AND SEE ONCE TIMES GET HARD WHAT THOSE GOVERNMENTS WILL DO TO U.S CITIZENS. AT BEST SEIZE THEIR ASSESTS,AND KICK THEM OUT. THEY ARE NOT GOING TO BE WELCOMED BACK
ReplyDeleteyour right we wont let him back in
DeleteWTF. Jim Rogers left New York for Singapore in 2007 to immerse his daughters in an education, language, and world region that he thinks will maximize their potential. (Note that “times got hard” in 2008.)
ReplyDeleteAs an exceptional investor he applies his time and money (and his young children’s time and energy) in a manner seeking maximum return. I will beg him and his contemporaries to help rebuild this nation with his internationally diversified wealth and knowledge when “times get hard”.
AND WITHIN 3000 YEARS THE WORLD WOULD HAVE CHANGED? THIS KIND OF FORECAST IS VERY EASY TO STATE THIS IS B.S B.S B.S.
ReplyDelete