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teomaxxx · 09-18-2007, 11:54 AM

and this is great:

http://www.bloomberg.com/apps/news?p...7&sid=aYBOOiT5

Sept. 18 (Bloomberg) -- The U.S. economy will head into a ``serious'' recession and the dollar will ``collapse'' if Federal Reserve Chairman Ben S. Bernanke reduces interest rates, investor Jim Rogers said.

``Every time the Fed turns around to save its friends on Wall Street, it makes the situation worse,'' Rogers said in an interview from Shanghai. ``If Bernanke starts running those printing presses even faster than he's doing already, yes we are going to have a serious recession. The dollar's going to collapse, the bond market's going to collapse. There's going to be a lot of problems in the U.S.'' "

09-18-2007, 11:54 AM
teomaxxx Confirmed User Join Date: May 2003 Posts: 2,734	and this is great: http://www.bloomberg.com/apps/news?p...7&sid=aYBOOiT5 Sept. 18 (Bloomberg) -- The U.S. economy will head into a ``serious'' recession and the dollar will ``collapse'' if Federal Reserve Chairman Ben S. Bernanke reduces interest rates, investor Jim Rogers said. ``Every time the Fed turns around to save its friends on Wall Street, it makes the situation worse,'' Rogers said in an interview from Shanghai. ``If Bernanke starts running those printing presses even faster than he's doing already, yes we are going to have a serious recession. The dollar's going to collapse, the bond market's going to collapse. There's going to be a lot of problems in the U.S.'' "