Jim Rogers Warns: ‘This Will Be The Worst Recession Of My Lifetime’

Business Today, Released on 10/17/22

Amidst the ongoing volatility in the world markets, Jim Rogers, Commodity Guru has warned the world that “before this phase is over, this will be the worst recession in my lifetime.” Talking about how the “bad debt” triggered a recession in 2008, Rogers further said that “the debt has gotten so much worse” this time. In an exclusive conversation with Aabha Bakaya, the Commodity Guru said that “I will buy more, silver, gold and agriculture linked stocks,” when the time is right. Explaining his position in the US Dollar, he said, “US Dollar is going to get overpriced, it could turn into a bubble too, I hope I’m smart enough for when that happens, to sell my US Dollars.”

Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before “retiring” at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys – once by motorcycle and once by car – and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has served as a professor at Columbia University, started his own commodity index and is a frequent media commentator worldwide. Rogers has also authored six books. He currently lives in Singapore with his family. Jim has authored a half dozen books, including: Investment Biker: Around the World with Jim Rogers (NYTimes Bestseller), Adventure Capitalist, Hot Commodities (NYTimes Bestseller), A Bull in China, A Gift to My Children, and most recently, Street Smarts.

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