An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Showing posts with label stock sell off. Show all posts
Showing posts with label stock sell off. Show all posts
Tuesday, April 10, 2012
Jim Rogers...wrong again!
Jim Rogers is such a clown. I don't know how this guy has any money left at all. He's been relentlessly shorting Treasuries (along with the other clown, Peter Schiff) for years. His last short play was back in March. I wrote about it here. He not only got short, but he shorted the lows of the market as is his usual custom.
What's crazy is how the media loves this guy: he's everywhere, with his usual clueless line about central banks "printing money" or the US not having money to pay its debts. What a useless bunch of misinformation.
If you want to make a lot of money do yourself a favor...fade every investment idea that comes out of Jim Rogers' mouth. You'll be sure to clean up!
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