Tuesday, May 17, 2016

Why Is America In Decline?

There are many reasons obviously. The nation peaked and then gone into decline but perhaps the main reason right now if I had to point my finger on one thing it would be the debt in America.

Every nation in the world history that has got itself into such a debt situation suffered. America is now the largest debtor nation in the history of the world and its getting worse every day. When you have a lot of debt it is hard to grow in a dynamic and dramatic fashion.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

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