Tuesday, 9 August 2011

Moneynews.com


Breaking News from Moneynews.com


Jim Rogers: 'Bankrupt' U.S. Will Never Pay Its Bills
The U.S. government deserves the downgrade Standard and Poor's slapped on its ratings, because the country has run up so many debts it will never get out of the hole, say famed commodities investor Jim Rogers. In fact, the S&P is being too nice, as Washington probably doesn't even deserve the AA+ rating, Rogers tells CNBC.
Read the Full Story — Go Here Now.


WARNING: The negative rating for U.S. debt will cause serious harm to the U.S. economy, the stock market and the dollar. The economist who predicted this downgrading is warning of another market crash. See his urgent message — Go Here Now.