More Mister Rogers Neighborhood
What do Ex fed heads ;MSN's Markman and the Nattering One have in common?
Unlike Parrot CEO's; we are in Mister Rogers Neighborhood... Jim Rodgers:
"Most of the European banks and Asian banks haven't taken a huge write-off yet. I suspect there are more write-offs to come in Europe and Asia.
I doubt that we're half way through the financial crisis. We certainly haven't hit the bottom as far as I'm concerned.
I expect a nice rally in the dollar, because so may have been bearish, including me. I have sold long-term U.S. government bonds.
If the same thing happens as it always happens in inflationary times, then rates are going much, much higher, especially long- term rates.
America is also a huge producer of agriculture and if I'm right about agriculture prices, which I think will go up a lot,
that's going to help America compared to those countries which don't have agriculture."
Rogers' comments contradict those by CEO's of Wall Street investment banks and Treasury Secretary Hanky Paulson.
Unlike Parrot CEO's; we are in Mister Rogers Neighborhood... Jim Rodgers:
"Most of the European banks and Asian banks haven't taken a huge write-off yet. I suspect there are more write-offs to come in Europe and Asia.
I doubt that we're half way through the financial crisis. We certainly haven't hit the bottom as far as I'm concerned.
I expect a nice rally in the dollar, because so may have been bearish, including me. I have sold long-term U.S. government bonds.
If the same thing happens as it always happens in inflationary times, then rates are going much, much higher, especially long- term rates.
America is also a huge producer of agriculture and if I'm right about agriculture prices, which I think will go up a lot,
that's going to help America compared to those countries which don't have agriculture."
Rogers' comments contradict those by CEO's of Wall Street investment banks and Treasury Secretary Hanky Paulson.
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