Jim Rogers Predicts Horrible Bear Market, The Worst in His Lifetime
<p>Renowned Investor Jim Rogers, who co-founded the Quantum Fund and Soros Fund Management, warned investors about the upcoming bear market in an interview with Kitco News, published last week.</p>
<p>Rogers believes the next bear market will be “the worst” in his lifetime, noting that shares of many companies will drop 90%. Rogers mentioned debt, which skyrocketed since the 2008 crisis when the US “had a problem with too much debt”, as one of the reasons for the expected horrible bear market.</p>
