Words of Wisdom
Some Things Cannot Be Foreseen
"The ability to foresee that some things cannot be foreseen is a very important quality"
Jean Jacques Rosseau
July 13, 2010
We Are Going To Have Another Recession In The Next 2 Or 3 Years
We are certainly going to have another recession in the next two or three years. We have had recessions every four to six years since the beginning of time. So by 2012, we are getting ready to have another one, if history is any guide. I suspect it will happen before then, because there are still so may imbalances in the world which have to be sorted out.
Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.
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