• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Jim Rogers 2012 Outlook: Pessimism With Scattered Crises

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Mon, 12/26/2011 - 16:33 | 2012139 Outlaw Of The W...
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mawia boddiwomo and joe kernen said this guy doesn't know what he's talking about.

Mon, 12/26/2011 - 16:55 | 2012162 WestVillageIdiot
WestVillageIdiot's picture

I can 't think of two people more qualifited to be experts on "not knowing what the fuck you are talking about".  I can't wait for the day that he takes a taxi cab through that gap in his teeth and her lips explode.  That will be a great day for humanity. 

Mon, 12/26/2011 - 18:27 | 2012284 vast-dom
vast-dom's picture

Too optimistic; more at, full spectrum crises with scattered glimmers of deluded optimism

Mon, 12/26/2011 - 21:52 | 2012527 DeeDeeTwo
DeeDeeTwo's picture

Jimmy has been saying the same things for 30 years. He just wears this year's Perma-Bear Clothing Line. He looks like he's in a cheap hotel in Saigon. Still Saigon. Must be broke. And notice those wicked Mandarin eyebrows he sports. Wonder if he forces his daughters to sculpt their eyebrows.

Mon, 12/26/2011 - 22:02 | 2012535 Freddie
Freddie's picture

LOL!

I hope Jim is well because the videos lately make him look ill.  This is a cheap web camera with no makeup but still.  He lived in Mahattan and a lot of the hospitals there are shit but Singapore does not look to good for his health.

BTW - I would do the smarmy Aussie chick.

Tue, 12/27/2011 - 10:54 | 2013440 IBelieveInMagic
IBelieveInMagic's picture

Just another parasite preaching...

Mon, 12/26/2011 - 16:44 | 2012147 FoieGras
FoieGras's picture

Taxes will be raised. Everywhere. US, UK, France, Germany etc. Until 2010 I see taxes gobble up an additional of 3-4% of personal spending in the G10.

Mon, 12/26/2011 - 17:00 | 2012167 WestVillageIdiot
WestVillageIdiot's picture

Yep.  It's not that governments will wait for crises to do something.  They will wait for crises and then do all of the worst things.  They will raise taxes.  They will make people with earned wealth seem like villains.  They will preach that more government is the solution to our problems.  In short, they will take any fucked up situation and they will fuck it up even worse.  Just look at what these demons did in 2008i.  They pursued not one long-term idea. 

I think 2012 will be more look 2008.  It seems that 2011 was a lot like 2007.  Who can forget how many things were blowing up in 2007 ("subprime crisis") but didn't turn into full on disasters for more than a year.  It seems like we had a lot of precursors to disaster in 2011 just like we did in 2007. 

Good luck to all.  Merry Christmas and make sure you have a happy new year.  I have heard several friends bitch about how bad 2011 was.  Of course they are the ones that continue to not plan for anything, not save for anything and blame others for their misfortune.  Something tells me they won't like 2012 any better than 2011. 

Mon, 12/26/2011 - 18:07 | 2012259 cossack55
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Gubmints don't wait for crises, gubmints cause crises.

Mon, 12/26/2011 - 23:56 | 2012662 Temporalist
Temporalist's picture

What are you talking about?  They almost discussed reducing debt by $1 Trillion over 10 years...or so...maybe.

Tue, 12/27/2011 - 01:02 | 2012720 malek
malek's picture

You mean the current government decided that the next one has to lower spending and/or increase taxes?

Mon, 12/26/2011 - 17:32 | 2012220 macholatte
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DEBT LIMIT - A GUIDE TO AMERICAN FEDERAL DEBT MADE EASY.

http://www.youtube.com/watch?v=Li0no7O9zmE

Mon, 12/26/2011 - 16:46 | 2012149 Sudden Debt
Sudden Debt's picture

Real assets... Please somebody remind me?

Mon, 12/26/2011 - 16:53 | 2012157 Real Estate Geek
Real Estate Geek's picture

That Lelde Smits would be a good asset to have.  Seems on the ball and is smokin' hott.  Even if she's not as bright as she seems, you could turn her out and she'd still be a real money-maker.  That looks like $10K/night tail.

 

Mon, 12/26/2011 - 17:12 | 2012193 SAT 800
SAT 800's picture

She hypnotized me; whatever they're paying her, they're getting a bargain. It would be impossible to watch the competing channel. She's welcome to $5,000 if she wants to spend the night at my house and do a little play acting. What a surreal Fox.

Mon, 12/26/2011 - 18:07 | 2012260 PulauHantu29
PulauHantu29's picture

She is out of your league...she'll nab some CEO of Billionaire Hedge Fund manager (if she's smart).

Mon, 12/26/2011 - 18:25 | 2012282 Hober Mallow
Hober Mallow's picture

Nice chick, sounds stupid though, but hey, she might do the panting better.

Would change those clothes too.

Mon, 12/26/2011 - 22:51 | 2012592 JPM Hater001
JPM Hater001's picture

Ok I'm ready for my interview...

What you you guys all looking at me for?

Mon, 12/26/2011 - 21:39 | 2012515 natty light
natty light's picture

True, but it sounded like annoying canned questioning. 

Tue, 12/27/2011 - 01:01 | 2012716 infinity8
infinity8's picture

Yeah, to me it looked and sounded like they couldn't set up a real-time interview so her questions were pre-recorded and his answers were spliced sliced and diced. Still good, but why?

Tue, 12/27/2011 - 01:06 | 2012721 infinity8
infinity8's picture

and her weird outline - she's dropped in on top of some place she's not. They can't come up with a decent room/set to record her in?

Tue, 12/27/2011 - 07:18 | 2012970 Hober Mallow
Hober Mallow's picture

Questions were written by Rogers and enunciated by the chick.

Mon, 12/26/2011 - 20:28 | 2012427 hayesy316
hayesy316's picture

Aussie girls. You're welcome, world.

Mon, 12/26/2011 - 21:08 | 2012457 Tapeworm
Tapeworm's picture

Why is about slutty sex? Her interview hit the points with no appreciable BS. The interviewee seemed to be at ease with the manner of the pointed questions and came out with an informative piece within the time allowed.

 My guess from her name is that she is a displaced Afrikaans speaking South African, or her family was.

 I'll give her a solid plus vote for doing her job very well and being easy on the eyes.

Tue, 12/27/2011 - 10:35 | 2012770 jez
jez's picture

Underneath the Aussie drawl, I can definitely hear a Sarth Effrican accent in there. Or maybe Zimbabwe. That part of the world, anyway.

 

Hey -- if she'd emigrated to the US instead of Australia, could she be correctly described as an African-American?

Mon, 12/26/2011 - 17:11 | 2012191 WestVillageIdiot
WestVillageIdiot's picture

Real assets? 

Friends, health, happiness.  I also enjoy good liquor, good food and sleep.  Everything else is just something to facilitate the acquisition of these things. 

I am guessing you are doing alright, Sudden.  Some of my happiest moments in life were finding out how much I loved Leffe Blonde while in Paris a few years back.  I am sure you can relate.  Now go have a good piece of chocolate and be grateful for the ability to wave your arms like a maniac while screaming at the top of your lungs. 

Mon, 12/26/2011 - 17:49 | 2012239 q99x2
q99x2's picture

Canned Tuna

Mon, 12/26/2011 - 18:03 | 2012254 WonderDawg
WonderDawg's picture

It's interesting to think that one day in the not too distant future, a hot shower on a winter day would be regarded as a luxury. Not saying it will turn out that way, but the thought has crossed my mind.

Mon, 12/26/2011 - 20:26 | 2012424 akak
akak's picture

Instead of, say, the once-a-week chore that a shower is regarded in Germany today?

Mon, 12/26/2011 - 23:49 | 2012655 Uchtdorf
Uchtdorf's picture

I resemble that remark.

Tue, 12/27/2011 - 00:21 | 2012673 akak
akak's picture

You mean you resemble that aroma, jawohl?

Cheese: it's not just for breakfast anymore.

Mon, 12/26/2011 - 18:39 | 2012296 UninterestedObserver
UninterestedObserver's picture

Zynga stock?

Mon, 12/26/2011 - 17:14 | 2012195 SAT 800
SAT 800's picture

Silver. Silver is a real asset. There you go.

Mon, 12/26/2011 - 19:03 | 2012329 Sudden Debt
Sudden Debt's picture

YEAH! The rest is kind of slow today....

Mon, 12/26/2011 - 18:44 | 2012307 junkyardjack
junkyardjack's picture

AAPL is a gem

Mon, 12/26/2011 - 16:47 | 2012150 fonzanoon
fonzanoon's picture

Does he still own the USD?

Mon, 12/26/2011 - 16:54 | 2012160 FoieGras
FoieGras's picture

This interview could have been made 10 years ago. Is Rogers saying anything new at all? He can probably repeat the same old in 2020 and it will still be true.

Mon, 12/26/2011 - 21:37 | 2012506 e2thex
e2thex's picture

This interview was originally done on a 78 which was transferred to a 33, then reel to reel, then a cassette, a CD and finally transferred to a flash.

ZZZZZZZZZZZZ

Mon, 12/26/2011 - 17:03 | 2012173 Josh Randall
Josh Randall's picture

that chick's a cutie

Mon, 12/26/2011 - 17:07 | 2012182 ZippyDooDah
ZippyDooDah's picture

Lelda, OMG.

Mon, 12/26/2011 - 17:15 | 2012199 SAT 800
SAT 800's picture

Planning to watch this video another ten or twenty times; with the sound off.

Mon, 12/26/2011 - 17:11 | 2012189 Dollar Bill Hiccup
Dollar Bill Hiccup's picture

Jim may like Asia but he is still a gweilo.

Good interview though. Debt, debt and more debt. Solved by more debt. Take the pain? But there is still too much anesthetic in the system ...

Ok, don't raise taxes ... except as the Dollar Bill suggests for the fund managers and private equity guys and their 15% carried interest.

And no Steve, it is NOT like “It’s like when Hitler invaded Poland in 1939.” Steve Schwarzman of BlackStone fame and his many billions be damned.

Mon, 12/26/2011 - 17:19 | 2012202 Tsunami Wave
Tsunami Wave's picture

Personally, putting on the youtube snowflake/snowing setting makes the interview more interesting and easier for me to digest this never-ending series of bad news.

Mon, 12/26/2011 - 17:23 | 2012206 toadold
toadold's picture

"I've been sitting around in my PJ's drinking cherry flavored diet Dr. Pepper and reading science fiction on my Kinde and I've noticed a lot of the villans are now described as "unelected bureaucrats"  who are vile and corrupt. Thank God it is only light fiction and not mirroring the real world.

Mon, 12/26/2011 - 17:24 | 2012207 LookingWithAmazement
LookingWithAmazement's picture

Wall Street green - #WhatCrisis?

Mon, 12/26/2011 - 17:44 | 2012233 WestVillageIdiot
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"I will take, 'Things people were saying in 2008' for $800, Alex"

Mon, 12/26/2011 - 20:31 | 2012430 akak
akak's picture

" ... why don'tcha give me Ape Tit for $200."

Mon, 12/26/2011 - 17:26 | 2012208 Gringo Viejo
Gringo Viejo's picture

Jimbo's porked up.

Mon, 12/26/2011 - 17:36 | 2012225 OldTrooper
OldTrooper's picture

You never stop growing...but the direction changes with age.

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