Another Doomsday Preacher!

[Captain Courageous]

Another guy (read "expert") trying to tell us all we are about to be 'fooked' royally. I'm beginning to think we are facing an example of "The Boy Who Cried Wolf!"

Jim Rogers: The One Lie That Will
Bring Down America
By TERRY WEISS, Contributing Writer, Money Morning
--------------------------------------------------------------------------------

Despite the current stock market rally, legendary investor Jim Rogers say the U.S economy is poised for a major crash and is warning investors to protect themselves immediately.

In a riveting interview on Fox Business, Rogers warned Americans not to trust any of the positive economic news coming from world governments.

"I don't trust the data from any government, including the U.S., Rogers said. "We know that governments lie to us. Everybody's printing money, but it cannot go on. This is all artificial."

Rogers, who for years has been an outspoken critic of the Feds policies of "Quantitative Easing" says all the money printing is creating false hope that we are in the middle of some kind of super bull market.

But in reality, he says, "we're living in a fool's paradise."

more here: http://moneymorning.com/ob-article/jim-rogers-major-crash-ahead-2.php#.UWztarVvNtC

[neoteny]

Normally I would be dismissive, but my Canadian Index Mutual Fund just dropped something like 5% in the last week, so I'm predisposed to believe that The End Of World Is Nigh.

[PaulGuelph]

There is always another crash coming, but when? A year from now? Next Thursday?

I predicted the last one very well and warmed people who scoffed. Made some money by selling equity and then buying it back cheaper. But this time I am uncertain. Last time it was obvious.

[Captain Courageous]

My sources say all the major monetary players are so far in hock to one another that, if any one of them tries to eliminate their own individual debt, they'll hog-tie the rest of the group. It's an economic gridlock, and it's slowing the economy down to a crawl; but it is not the economic Apocalypse the doomsayers are screaming right now.