VIDEO: Jim Rogers on US 'debtonation'
Jim Rogers strikes the usual chords in this interview with RT, expressing little to no faith in the potential for US politicians to begin seriously tackling the debt load, the largest in the history of the world:
"In 1918 the UK was the richest most powerful country in the world. Within three decades they will bankrupt and they were bailed out by the IMF…it was not a pretty sight."
"Three generations later, we've had a lost decade in america because we refuse to deal with reality."
"Prepare yourself for another lost decade or more."