Wednesday, March 04, 2009

Jim Rogers doesn't sound like Noriel Roubini....more like Peter Schiff.

It sounds like a "let them fail" vs "Pump them up" when Roubini talk about Nationalizing the banks. (though both agree that Zombie banks are a very bad thing!)

What do you think?

I'm worried that people who have been savers will be the "suppliers" of the money needed for the bail-outs. It doesn't seem to fair to make those who have been responsible to pay fop those who maxed out their credit cards. (or used their house as a giant ATM over the years)

I suppose I am sporting more of a Peter Schiff / Jim Rogers mindset.

1 Comments:

Anonymous QUALITY STOCKS UNDER FIVE DOLLARS said...

Peter schiff is the number one gloom and doomer. This guy would go out of business in five minutes if things were going really well.

5:40 PM EST  

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