Investor Jim Rogers Warned of the ‘Worst Economic Downturn’ of His Lifetime
Cointelegraph
Published Aug 17, 2020 05:42PM ET
Updated Aug 17, 2020 07:20PM ET
Investor Jim Rogers (NYSE:ROG), chairman of Rogers Holdings, recently warned in an interview that recent central bank bailouts will bring about the worst economic meltdown in his lifetime.
Central banks globally are printing trillions of dollars in an effort to help countries stimulate their respective economies. Although the S&P 500 has gone up 50% and has shown no signs of slowing down since March 23, Rogers believes that the bailout plan is not going to end well in the long term.
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Written By: Cointelegraph
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