Investor Jim Rogers (NYSE:), chairman of Rogers Holdings, recently warned in an interview that recent central bank bailouts will bring about the worst economic meltdown in his lifetime.
Central banks globally are printing trillions of dollars in an effort to help countries stimulate their respective economies. Although the has gone up 50% and has shown no signs of slowing down since March 23, Rogers believes that the bailout plan is not going to end well in the long term.
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