The U.S. dollar faces more uncertainty and a currency crisis is unavoidable, says commodities guru Jim Rogers.
The economy could take further hits as debt levels remain high, he told CNBC. The recent rebound is only a reaction to consumption falling immensely in 2008.
“How can the solution for debt and consumption be more debt and more consumption? How can that be the solution to our problems? I would expect there to be a currency crisis or a semi-crisis this fall or next year,” Rogers warned.
Expectations that China will solve the world’s recession are overstated, he said.
“China saved up a lot of money for a rainy day. It’s raining and it’s spending it,” he said.
“But China cannot pull out America or India or Europe from all this. Their economy is a tenth of the U.S. Hallelujah, let them do good things, but they’re not going to save the world.”
Currency issues could start soon, since the U.S. government’s debt level has increased enormously while the Federal Reserve has tripled its balance sheet, he said.
“We’re going to have some serious problems in currency markets, we’re going to have serious problems in the world markets if we see protectionism rising and rising again,” Rogers said.
The dollar continues to decrease compared to other currencies, in part because of low interest rates, reports Forbes magazine. Central banks are not a fan of this dilemma.
“The obvious thing is to step in heavily by purchasing dollars by selling their own currency,” said Sebastien Galy, senior currency strategist at BNP Paribas.
Ñîâðåìåííàÿ ÑÒÎ ýôôåêòèâíî è êà÷åñòâåííî âûïîëíÿåò ñâîè ôóíêöèè ïðè ïîìîùè ðàçëè÷íîãî âèäà îáîðóäîâàíèÿ…
àâòîðåìîíò…
Øèðîêèé ñïåêòð ñîâðåìåííîãî øàõòíîãî è ãîðíîîáîãàòèòåëüíîãî îáîðóäîâàíèÿ íàñ÷èòûâàåò áîëåå 100 íàèìåíîâàíèé…
âèáðàòîðû, ãðîõîòû, æåëåçîîòäåëèòåëè…
àñôàëüòîóêëàä÷èêè, àâòîêðàíû, áóëüäîçåðû, ãðåéäåðû, êàòêè, ïîãðóç÷èêè, ýêñêàâàòîðû…
Ïîãðóç÷èêè èñïîëüçóþòñÿ äëÿ çàñûïêè, ðàñêîïêè, âûðàâíèâàíèè è äðóãèõ ðàáîò ñ ðàçëè÷íûìè ìàòåðèàëàìè…
Ïÿòèçâåçäî÷íûå îòåëè Åãèïòà…
Åãèïåò - æåì÷óæèíà ìèðîâîé êóëüòóðû…
Âèäû âåíòèëÿöèîííîãî îáîðóäîâàíèÿ…
Ñèñòåìû âåíòèëÿöèè…
Ãîðîä Ñèäå ðàñïîëîæåí íà ïîëóîñòðîâå â 75 êì îò Àíòàëüè…
Îòåëè ãîðîäà Ñèäå…
Ãîà íàõîäèòñÿ íà çàïàäå Èíäèè…
Ìóçûêà, òàíöû, ïðèêëàäíîå è óñòíîå òâîð÷åñòâî ãëóáîêèìè êîðíÿìè óõîäÿò â äóøó Ãîà, à ðèòìû ïóëüñèðóþò â ñåðäöàõ åãî æèòåëåé…
Êëàññèôèêàöèÿ è íàçíà÷åíèå êàáåëåé…
Ýëåêòðîêàáåëè…
Îòåëè Àëàíèè…
Êóðîðòû Òóðöèè…
Ïàðèæ - ñòîëèöà Ôðàíöèè…
Ïðîâåäèòå îòïóñê âî Ôðàíöèè…
Îáùàÿ èíôîðìàöèÿ î Òóíèñå…
Äîñòîïðèìå÷àòåëüíîñòè Òóíèñà…
Îáùàÿ èíôîðìàöèÿ î ×åðíîãîðèè…
Äîñòîïðèìå÷àòåëüíîñòè ×åðíîãîðèè…
Ïóòåøåñòâèå â Òàéëàíä…
Âåëèêîëåïíûé îòäûõ â Òàéëàíäå…
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Vladimir…
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