is now trading about 50% higher.
And the US central bank — and others around the world, for that matter — are showing no signs of slowing down anytime soon. , the chairman of Rogers Holdings, thinks the repercussions stemming from these actions will be severe. "The next time we have a problem and we are having it now, it is going to be the worst in my lifetime," he said in an"It is a simple statement. The debt is much, much, much higher now. It has to be worse."
To Rogers, the US — as well as countries around the world — are enacting short-term solutions in response to the pandemic that will result in long-term pain. Although central bank policies have been successful in propping up financial markets thus far, Roger's sees a bleak future. "Nearly every country in the world is printing and spending lots of money now and that money has to go somewhere. It is going into the markets and that is what has happened," he said. "However, the debt is going through the roof everywhere, the money printing is everywhere and eventually, we are going to pay the price."
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Roger's, are you selling out?
Dudes been saying this for 25-30 years. Hope he was long the whole time or he’s a little light in the wallet.
Duh
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