Jim Rogers: Why would anybody listen to Bernanke?

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Jim Rogers said on CNBC on 2008.10.01 that history shows those plans don’t work and the best solution is to let the market clean itself out.

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Jim Rogers: Bailing people out will not let to good things

Jim Rogers said on Bloomberg on 2008.09.30 that there is no single case when bailing people out and propping companies has led to good things.

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see

Does the Bailout Bill Mark the End of America as We Know It? by Richard C. Cook

The Economy Sucks and or Collapse

4 thoughts on “Jim Rogers: Why would anybody listen to Bernanke?

  1. Pingback: Jim Rogers’ quarrel with CNBC « Dandelion Salad

  2. Ok, since when did we start believing Washington,
    Senate, Congress, the President and all his men
    told the stakes are high, and “we” must go all in,
    again citizens, U gotta give, and take one on the chin.

  3. There’s nothing to stop Wall Street from coming back in a month and saying “we need another trillion dollars, or else the economy goes kaplooey!’ In fact, that’s pretty much exactly what’s been happening for six months. I don’t quite see how the Bailout does anything but reward reckless speculation and thus it seems to me that it will drive more speculation.

  4. This is the sane advice. Why the hell aren’t the idiots in Washington taking it. It is also the advise of the American people to their congress people. If Congress doesn’t take the advise oft heir constituents and walks in lock step with their financial backers it shows the lie of America’s so-called Democracy

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