Jim Rogers discusses the economic meltdown, what Congress should have done, the IMF and steps to take to protect wealth.
Jim Rogers on how to make money in this situation:
There are always ways you can make money. Even in the 1930’s there were people who came out of that withÂ great fortunes. Â If you know about water treatment in Asia for instance, you’re going to make a fortune no matter what happens in the rest of the world. If you know about agriculture, you’re going to make a fortune over the next 20 or 30 years.
Jim Rogers on his respect for the World Bank and IMF:
I have zero respect [for the WB and IMF]. The best thing that would happen is if we could abolish the World Bank and IMF. They’re now run by people who do little more than take care of themselves. If you work for the WB or IMF you have a great life. But They’ve not done much for the rest of the world.
Watch Jim Rogers below: