Jim Rogers: Write Off The Debt, Start Over
In the clip below, MSNBC's Dylan Ratigan talks with Jim Rogers about the global debt crisis. The two share a laugh over the media's laser focus on Anothony Weiner as the global financial system teeters.
Regarding bankers, who some say should share the burden as part of debt-restructuring in Europe (and possibly beyond), Mr. Rogers says, "Let them lose their Lamborghinis". He says it's time to "write off the debt, start over".
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