Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Global Economics

Tom Keene Talks to Investor Jim Rogers


You are the ultimate dollar bear. Yet you just told me you are long the dollar. Why is that?
Because everybody's bearish, including me. I read something like 97 percent of people are bearish on the dollar. I am one of those 97, so I bought dollars.

How do you view the euro crisis now?
Why should a good, honest German taxpayer, a guy who saved his money, suddenly get a bill from the German government saying you have got to pay for some Greeks sitting on the beach drinking ouzo? That's absurd.

German voters have already voiced their displeasure with that scenario. Will we get similar protests in the U.S.?
Of course we will. We are going to have social unrest in the U.S., too. We are going to have much higher prices. We are having serious inflation, which is going to get worse, and we have a government that is sitting down there spending staggering amounts of money, getting us deeper into debt.

What do you want President Obama to do right now?
Resign.

Well, that's not going to happen. Seriously.
What he should do is take an ax—no, not an ax—take a chain saw to spending in the U.S. We have got to balance the budget. We have got to pay off the debt, somehow, someday.

Keene hosts Bloomberg Surveillance 7-10 a.m. ET on 1130 AM in the New York metro area and nationally on SiriusXM 113.

LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus