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Title : Jim Rogers: We're Nearly To Bring The Worst Economical Problems Of A Lifetime, A Lot Of People Volition Disappear

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Jim Rogers: We're Nearly To Bring The Worst Economical Problems Of A Lifetime, A Lot Of People Volition Disappear

Excerpts of a recent interview amongst Jim Rogers (via ZeroHedge)

Are Russians the bad guys?

Well I produce know that during the final administration, Mr. Obama's direction every bit yous in all likelihood think nosotros started, nosotros tried to clit of an illegal coup inward Ukraine, nosotros got caught at it, what's her name, Victoria Nuland, whatever the woman’ cite the State Department they receive got at that spot several pieces of bear witness where nosotros know she tried to instigate an illegal coup thus of course of report the Russians outsmarted us as well as thus the State Department started blaming it on the Russians as well as the hype against the Russians has gotten bigger as well as bigger ever since later nosotros started-- or tried to start, tried to instigate the illegal coup Crimea as well as Ukraine.

So yep nosotros are for sure at fault to some extent and plainly yous then, when you're caught you've got to maintain the rhetoric upwardly as well as maintain throwing to a greater extent than as well as to a greater extent than accusations as well as thus the State Department has done that.

I know that earlier the illegal coup Obama, Bush everybody was trying to last friends amongst the Russians rightly so, mutual coldness nation of war had ended long ago, the Russians wanted to last friends amongst America. We didn’t demand NATO anymore. Who needed the Cold War etc. all the coin nosotros were spending on some of these arms manufactures as well as soldiers thus until the illegal coup took house nosotros were all trying to last bully friends yous think George Bush said I looked him inward the middle as well as he's a human being I tin admire as well as function amongst etc.

So similar a shot of course of report the Democrats peculiarly since they lost the election are trying to blame it on the Russians. It's unfathomable to me how the Russians could receive got determined the effect of the elections. Maybe they planted a story a ii but thus what? It's inconceivable to me that the Russians could influence much less create upwardly one's heed the election.

I think if nosotros start having investigations of the illegal voting I'm afraid we're going to detect to a greater extent than for the Democrats than for the Republicans places large cities inward America won't cite names but thus far the few investigations that receive got taken house nosotros detect that the voting irregularities are inward large cities which are Democratic strongholds.

On the Greater Depression...

...get prepared because we're going to receive got the worst economical problems we've had inward your lifetime or my lifetime as well as when that happens a lot of people are going to disappear.

In 2008 Bear Stearns disappeared, Bear Stearns had been around over ninety years. Lehman Brothers disappeared. Lehman Brothers had been around over 150 years. Influenza A virus subtype H5N1 long, long time, a long glorious history they’ve been through wars, depression, civil nation of war they've been through everything as well as yet they disappear.

So the adjacent fourth dimension around it's going to last worse than anything we've seen as well as a lot of institutions, people, companies fifty-fifty countries, for sure governments as well as peradventure fifty-fifty countries are going to disappear. I promise yous teach really worried.

when yous start having deport markets every bit yous I’m sure good know 1 bad thing happens as well as some other bad thing happens as well as these things snowball but similar inward bull markets expert intelligence comes out thus to a greater extent than expert intelligence comes out the adjacent thing yous know you're 5 or 6 or vii years into a bull market.

Well deport markets produce the same thing as well as thus nosotros receive got a lot of bad intelligence on the horizon. I haven't fifty-fifty gotten to war. I haven't fifty-fifty gotten to merchandise nation of war or anything similar that but yous know things produce travel wrong.

On Trump as well as the possibility of merchandise wars...and existent wars

Mr. Trump has also said he's going to receive got merchandise nation of war amongst China, Mexico, Japan, Korea a few other people that he has named. He swore that on his get-go twenty-four hr menstruation inward role he would impose 45% tariffs against China. He's been at that spot 3 weeks, ii or 3 weeks as well as he hasn't done it yet but he nevertheless got it inward his caput I'm sure or peradventure he's but some other politico similar all the residue of them. He says 1 thing as well as he doesn't hateful it at all but he does receive got at to the lowest degree 3 people inward high levels inward his grouping who are very, really keen to receive got merchandise wars amongst PRC as well as other people.

If he does that Eric, it's all over. I hateful history is really clear that merchandise wars ever Pb to problems, ofttimes to disaster, sometimes fifty-fifty to existent war, a shooting war. So I don't know, I'm non sure Mr. Trump knows. He said thus many things as well as many of the things are contradictory. Now if he's non going to receive got merchandise wars amongst diverse people thus chances are for a spell happy days are here...

[The dollar is] going to travel also high, may plow into a bubble, at which betoken I promise I'm smart plenty to sell it because at some betoken the marketplace seat forces are going to movement the dollar to come upwardly dorsum downward because people are going to realize, oh my gosh, this is causing a lot of turmoil, economical problems inward the footing as well as it's damaging the American economy. At that betoken the smart guys volition teach out. I promise I'm 1 of them.

On governments continued nation of war against cash...

Governments are ever looking out for themselves get-go as well as it's the same former thing yous know Eric this has been going on for hundreds of years. The Indians lately did the same thing they withdrew 86% per centum of the currency inward circulation as well as they receive got similar a shot made it illegal to pass to a greater extent than than, I mean value it's near $4000 inward whatsoever cash transaction. In French Republic yous cannot exercise to a greater extent than than, I mean value it's a €1000.

Many countries are already doing this. Some states inward the United States of America yous cannot brand cash transactions inward a higher house a sure amount. Governments dear it. Then they tin command you. If yous desire to travel as well as purchase a loving cup of java they know how many yous drink, where yous purchase them etc. if they tin all position it into electronic formats as well as they volition the footing is all going electronic. My children volition in all likelihood never travel to a banking concern when they're adults, peradventure never travel to a postal service role peradventure fifty-fifty never to a physician or rarely to a physician when they're adults.

So the Internet as well as the computers changing everything that nosotros know, coin tin for sure last easily converted to computers non today because at that spot are still, some people who don't receive got computers as well as the arrangement is non railroad train it but it tin last done as well as when it's done the governments are going to last very, really happy they going to say they're doing it for our ain expert Eric, this is non them, this is for our good. That they're doing this, but it’s coming as well as it's going to last a whole dissimilar footing inward which nosotros live. Probably nosotros are non going to receive got every bit many freedoms every bit nosotros receive got similar a shot fifty-fifty though nosotros are already losing our freedoms at a meaning pace.

On the demise of freedom...

...history shows that people ever would similar a niggling to a greater extent than security as well as a willing to “give upwardly some things for to a greater extent than security as well as security.” Benjamin Franklin said good anybody who would plow over upwardly some freedoms for security is going to current of air upwardly amongst neither security nor liberty as well as they deserve to lose both as well as of course of report that's the agency it is.

I’m non the get-go to realize that people who are ascent to travel dictators start taking away freedoms get-go inward Federal Republic of Federal Republic of Germany they took away the guns, they wouldn’t allow people receive got guns inward Federal Republic of Federal Republic of Germany as well as lots of places receive got done that or things similar that.

In America similar a shot yous as well as I in all likelihood think when nosotros were kids, yous had to receive got a search warrant, similar a shot they tin but interruption your door downward if they receive got what they consider plenty expert reasons, they don't fifty-fifty receive got to travel to the courtroom as well as teach a search warrant anymore.

So it's already happening as well as if yous said to individual that yous know they could interruption your door downward they say they’re non going to interruption my door downward I’m non a terrorist or a drug dealer, good that's how it all starts people say it's OK but thus the adjacent thing yous know they're breaking your door downward too.

So it's already happening produce I similar it? No I don't similar it but I'm non the first-- what was his name Goebbels the German linguistic communication who said if yous say something to people plenty times they believe it no affair how absurd it is as well as yous as well as I receive got for sure seen it inward the intelligence inward America yous say something plenty times people believe it as well as it becomes politically right as well as thus yous can’t fifty-fifty say something that's non politically right inward America whatsoever more.

Here's the total interview:

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