SEE HERE Since we can't really expect the NIC (Narcissist In Charge) to quit, after all it's not what narcissists do, we have to hope that we can recover from the damage once we can replace him. Ringer gives us the contrast between Warren Buffet and Jim Rogers on the economy. Buffet is blowing smoke and Rogers is seriously skeptical.
It shouldn’t come as a surprise to anyone that Rogers doesn’t see the United States getting its triple-A bond rating back in his lifetime and believes that a default “of some type” is inevitable. Rogers pointed out that “There’s lots of ways to default, and America will certainly default. Whether there’s ever a day where America says we won’t pay our bills, probably not. They’re more likely to give you worthless money.”
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