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Tuesday, January 3, 2012

Jim Rogers isn't too optimistic about stock markets in 2012, sees longer term systemic collapse - Business Intelligence Middle East - bi-me.com - News, analysis, reports

Jim Rogers isn't too optimistic about stock markets in 2012, sees longer term systemic collapse - Business Intelligence Middle East - bi-me.com - News, analysis, reports

NTERNATIONAL. Legendary global investor and chairman of Singapore-based Rogers Holdings, Jim Rogers has been talking about his 2012 predictions.

In a nutshell, he is neither too optimistic about the stock market for 2012 nor about what’s going to happen in the world in the next two or three years.

Speaking to Australia Financial News Network (AFNN) December 23, Rogers said: "The problems are going to continue to get worse until someone solves the basic underlying problem of too much spending and too much debt."

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