Jim Rogers : Greece is bankrupt

Jim Rogers : "Greece is bankrupt and the sooner they go ahead and admit it and make people take losses the better we are all going to be ,what's happening now it happened throughout history with politicians they try to push the problems down the road or until the next elections and the problems got worse in the meantime , none of the projections right now show the Greek debt going down in the next few years they all show the debt still rising , next next year or whatever it is going to be worse situation , this all is going to come back to haunt us ..." - in Goldseek Radio


Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.