Renowned Investor Jim Rogers Warns of the Worst Recession in His Lifetime
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, expects the bear market to get much worse, adding that this recession will be the worst in his lifetime. “We are probably going to have one last rally but that will be it,” he predicted. “Then we are coming to the end of the line. Be worried.” Jim Rogers on the Worst Recession in His Lifetime Famed investor Jim Rogers shared his view about the U.S. economy in an interview with Business Today, published Monday. Rogers is George Soros’ former business partner who co-founded the Quantum Fund and Soros Fund Management. He was asked if right now is “the beginning of an impending recession, the worst ever like it’s been predicted by some.” Rogers replied: Well, before this is over, yes, it’s going to be the worst in my lifetime. “In 2008, we had a problem because of too much debt,” he explained. “But since 2009, the debt e...