Jim Rogers Warns About Rising Debt In U.S, Could Trigger Volatility In The Market

In an exclusive conversation with Business Today Managing Editor Siddharth Zarabi, Commodity Guru Jim Rogers discusses the mounting debt in the American stock market and its potential impact. Rogers warns about the escalating inflation and spending, cautioning that it could precipitate a recession akin to 2008, albeit potentially worse. He suggests that the United States should curtail its spending, asserting that it would benefit the world. Rogers also posits that if the US continues with its rising debt, it could spell the end of the US economy. Additionally, he asserts that if the Indian Rupee is liberalized, the Indian economy will grow at a rapid pace. Here’s an excerpt from their conversation.