We’ll have bankruptcies, huge fluctuations and declines in stock markets. We will have the bond market slowing a lot and a lot of turmoil in currencies as well.
In the US, we haven’t had even a 10 per cent correction in stocks — it’s been five years. Now, we will have a lot of big declines starting in a year or two.
Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.
