'We may have a blow-up': Famed investor Jim Rogers explains how central bank 'madness' has the stock market hurtling towards another crash
on record. Now, in just a few months time, the Fed has expanded its balance sheet by approximately $3 trillion.
Although Rogers isn't putting a timetable on the impending "blow-up," he says we can expect more money printing and low interest rates as the US gears up for an election.He added, "That is what they do. They do not care about us. They do not care about our children. They care about getting elected," he said. "So until November anyway, this is all going to continue in the US."Disclosure: TD Ameritrade is a partner of Insider, Inc.
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