Doom and gloom

[explanade]

This guy has been predicting another big crash for years. Claims it will be worse than 2008 and that US has been experiencing financial problems every 4-7 years.

Now it will be late 2017 or in 2018:

JIM ROGERS: The worst crash in our lifetime is coming - Business Insider

(warning auto-play video)

 

[Blue Collar Guy]

Thanks, Ill take a double zantac 150 before i read it.

 

[aja8888]

This guy has been predicting another big crash for years. Claims it will be worse than 2008 and that US has been experiencing financial problems every 4-7 years.

Now it will be late 2017 or in 2018:

JIM ROGERS: The worst crash in our lifetime is coming - Business Insider

(warning auto-play video)

I'm not turning off my ad blocker to see this.

 

[explanade]

You can pause the video quickly enough, if that's your concern.

My ad blockers didn't stop the auto-play video. Actually Apple just announced they will have that, configure their browser to not play auto-play video.

 

[audreyh1]

This guy has been predicting another big crash for years. Claims it will be worse than 2008 and that US has been experiencing financial problems every 4-7 years.

Now it will be late 2017 or in 2018:

JIM ROGERS: The worst crash in our lifetime is coming - Business Insider

(warning auto-play video)

I remember hearing his doom and gloom for several years after 2008. I don't think I'm going to listen to him specifically any more.

 

[O2Bfree]

If you play it backwards, it says John Lennon is alive.

 

[MRG]

Why would I wanna listen to this guy(again)?

 

[W2R]

If I listened to him again, I might not want to scream "WHEEE!!!!" at the top of my lungs, at least not for a few hours.

 

[38Chevy454]

And there are just as many talking heads that claim the market is going to go up like never seen before. Then another guy saying brace for zero growth, and so on.

Eventually one of these guys is going to be correct, is that like a broken clock is at least correct twice a day?

 

[Blue Collar Guy]

If you play it backwards, it says John Lennon is alive.

Oh thank God. I thought it was saying Blue Collar Guy is going broke.

 

[gcgang]

Thanks for the link. I always liked Jim Rogers.

Here's a summary.

He wears a bow tie,
And I know he wouldn't lie,
But with the market so high,
It can't grow to the sky.
Fed is going to try,
But in the end we'll all cry.
Burma Shave.

 

[bclover]

Thanks for the link. I always liked Jim Rogers.

Here's a summary.

He wears a bow tie,
And I know he wouldn't lie,
But with the market so high,
It can't grow to the sky.
Fed is going to try,
But in the end we'll all cry.
Burma Shave.

Nice.

you forgot one. Move to Asia

 

[MichaelB]

Isn't he the one that back in '07 said the future was Asia, not the US? He then moved to Singapore. It's been 10 years, so how do US and Asia investments compare?

 

[athena53]

And someday the market will crash, so he'll be right. ;-)

 

[brucethebroker]

This guy has been predicting another big crash for years. Claims it will be worse than 2008 and that US has been experiencing financial problems every 4-7 years.

Now it will be late 2017 or in 2018:

JIM ROGERS: The worst crash in our lifetime is coming - Business Insider

(warning auto-play video)

Old time hold over from PBS Wall Street Week, if I recall....

 

[brucethebroker]

If you play it backwards, it says John Lennon is alive.

Or the walrus is Paul........

 

[novaman]

Jim Rogers and Harry Dent should both be banished to the doom dungeon.

 

[Fedup]

So is David Stockman.

 

[marko]

Sounds like an awesome buying opportunity coming!!!

 

[tfudtuckerpucker]

"The stock market won't change very much in the next few years", said nobody who has ever made money selling clickbait.

 

[HadEnuff]

Thank goodness I took his advice in 2008 and have remained in cash ever since.

 

[razztazz]

I remember this guy on CNBC talking gloom and doom in the '90's. And not just D&G but runaway inflation was just around the corner

 

[audreyh1]

Nice.

you forgot one. Move to Asia

right - that's the main message I remember. He put everything in asian currency, etc. Not so sure that was the best move in hindsight.

Isn't he the one that back in '07 said the future was Asia, not the US? He then moved to Singapore. It's been 10 years, so how do US and Asia investments compare?

Exactly! I know foreign stocks haven't been great since 2011/2012. Not so sure about since 2007. The dollar has strengthened markedly since 2014.

This guy has a pretty strong opinion about Jim Rogers and his track record:

 

[Blue Collar Guy]

Thank goodness I took his advice in 2008 and have remained in cash ever since.

 

[JoeWras]

Why do they always describe this guy as "legendary"?

I know of plenty of characters in history who were "legendary" and it ended badly for them.

legendary <does not equal> prescient