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Jim Rogers' latest comments - February 13, 2009. -US stimulus packages are throwing "good money after bad" -US making the same mistakes as Japan, propping up zombie companies and supporting the incompetent people -Financial mess started with the bailout of Long Term Capital Management in 1998 -Alan Greenspan never let the system work, as he did not let anyone fail -Water treatment, agriculture good places to be for the foreseeable future -Does not see a great future for the Pound Sterling -Has zero respect for the World Bank and the IMF - we should abolish them |
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