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Thursday
Oct132011

MUST SEE - Jim Rogers Tells Kudlow: "I'm MUCH More Of A Capitalist Than You Are Larry, Let The Damn Banks FAIL! Why Are We Saving The Bondholders!"

CNBC Video - Kudlow and Jimmy Rogers - Oct. 11, 2011

Runs 3 minutes.  Kudlow says it's a done deal that Greece will fail and predicts massive QE from the Fed and the ECB.  Rogers calls Bernanke a liar.  This is a great clip.

 

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Reader Comments (6)

Let them fail, period. Forget about the ring fence.
Oct 13, 2011 at 3:51 PM | Unregistered CommenterJamesLove
The goverment is infact able to make proffit from this epic disaster, but that sould have been done, before TARP, lett the idiots that sleept on watch(aka: the share and bond holders),have the los, Take all the interior(housloans, enteprices, and so on) and garantee it, infact to the user nothing wil happened. And that base is whats taken cear of, and rearange it, cut away the rotten part, and sell it back to the marked alter, instead they created a bottonless pitt.

The solutions are there, its just use it, right now everybody is babbeling and pointing in every consivable direction, exept as we all know, on the real issues.

And this is spreading and spreading fast. It helps other nations and peoples, just to know that USA is in the same boat, in the end we all are.We jsut have to wipp the topp to its propper place, beside us, not above, they have proven their wurth, and failed.

“Don't walk behind me; I may not lead. Don't walk in front of me; I may not follow. Just walk beside me and be my friend.”
― Albert Camus
Oct 13, 2011 at 5:01 PM | Unregistered Commentermikael
Why did that laugh at the end remind me of Bush?
Oct 13, 2011 at 5:39 PM | Unregistered CommenterTom
What both of these fellows don't understand is that the QE program only maintains a weekly push of government expenditures so that the US system doesn't implode short term... The great advantage that the US has over the 1930's is that medicare recipients and federal government beneficiaries will continue the economy via the government checks.

The total money supply with the collapse of the European system will nonlinearly implode and commodities and equity valuations whose value is denominated in the the total money-repayable debt system will nonlinearly implode.

The nonlinear devolution of equities and commodities has begun as this day 13 October 2011......
Oct 13, 2011 at 8:18 PM | Unregistered CommenterG. Lammert
Hep! Hep! Ova heer! Ova Heer! Get'cha beans, bullets and beer! We got u a deal going heeer! We wil be trade'n beans, bullets and beer for..., beans, bullets and beer! Step up one! Step up all! Beans, bullets and beer!

Ghana
Oct 14, 2011 at 12:13 AM | Unregistered Commenterghana
Man, I really like Jim Rogers! If only there were someone like him at the White House. What a difference to our Country!
Oct 18, 2011 at 6:51 PM | Unregistered CommenterBJ

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