How to prepare for "The Coming Economic Crisis" - Jim Rogers

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미국은 역대 가장 긴 무경기침체 기간을 보내고 있으며 최악의 폭락이 임박했다는 신호가 보인다. 국가부채가 역대 최고 수준이라 다음 침체는 자신의 생애에서 최악이 될 것이다. 미국 달러는 건전한 통화가 아니며 현금을 주로 달러로 보유 중이다. Magnificent 7(알파벳, 아마존, 애플, 메타, 마이크로소프트, 엔비디아, 테슬라)은 고평가로 공매도 대상으로 보나 아직 실행하지 않았다. 중국 시장과 농업 섹터에 관심이 있으며 중국 경기 침체 우려에도 중국 경제에 여전히 강세 견해를 가진다. 전쟁 위험이 커지고 있다고 경고했다.

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01. it has been the longest time in American history without a recession and all the signs point to the worst crash of our lifetimes coming According to Jim Rogers chairman of Rogers Holdings it's been the longest period in American history that we've gone without a recession Rogers told Michelle Maori lead anchor and editorinchief at Kito news it doesn't mean there will have to be a recession but we always have and I see the various signs that something is going to go wrong soon Rogers is a best-selling author who is best known for co-founding the quantum fund and launching the Soros fund management with George Soros which averaged an annual return of 20% from 1970 to 2011 there are signs that a bare Market is coming Rogers said if it happens it will be the worst In Our Lifetime Rogers pointed out giving his forecast for the timeline in this interview with Michelle Maori in 2008 we had a big problem but the debt everywhere has skyrocketed since then so the next recession has to be the worst in my lifetime because the debt is so much higher now than it has ever been before in my lifetime even China has a lot of debt now the US began 2024 with its national debt surpassing $34 trillion the number of Wall Street experts highlighting this issue has also been growing JP Morgan Chase CEO Jamie Diamond recently warned that the US economy is heading towards a financial crisis due to escalating national debt Diamond projected a looming hockey stick surgeon debt and noted that the crisis could be 10 years out as he spoke at the bipartisan policy Center last week it is a cliff we see the cliff it's about 10 years out we're going 60 M an hour toward it he said however Roger timeline is much more pressing as he sees the worst crash of his lifetime happening much sooner given that it is an election year things might get complicated but there comes a point when things get out of control Rogers added I'm afraid I see the signs how to prepare for the coming crisis aside from boosting individual gold and silver stashes there are some concrete assets Roger suggests looking at in this environment Roger sees a potential opportunity shorting the Magnificent 7 alphabet Amazon Apple meta Microsoft Nvidia and Tesla which he sees as overvalued but hasn't established when he would execute a short trade those are on my list to short because those are the ones that are being exploited and have very high valuations he said adding that he is not shorting yet Rogers is also sitting on a lot of cash mainly in US dollars as he looks for opportunities the US dollar is not a sound currency anymore we're the largest deor nation in the history of the world but everybody thinks it's a sound currency and they think it's a safe haven so when problems come people race to a safe haven he clarified the Chinese market and the agriculture sector are other investment options Rogers is highly interested in are we on the brink of ww3 Rogers admitted that he fears Regional conflicts escalating into a major global war we have small Wars now and historically small Wars somehow or another wind up turning into big Wars we would think that people would learn the lessons of history but they never do he warned I don't like the signs that I see I would like to think that we're smart enough to stay away from war but mankind has never been smart enough to avoid Wars when asked whether the world is on the precipice of escalating into a global war he said he sees the signs moving in that direction and even though Rogers did rule out an endof thee World type scenario he cautioned that the younger generation will have a lot of problems on their hands I promise you that we're going to have 2025 but it's a good time to be an old Amer American because of all of these problems that America is going to have in the future I'm not going to be around it's not a good time to be a young American he said some people will do well in the next several decades While others suffer Rogers added China to take back Taiwan there are several potential triggers for a wider conflict including the Israel Hamas War spilling over escalation in the ongoing war in Ukraine and the China Taiwan tensions looking ahead Rogers believes Taiwan is going to be part of China I can look at the globe and I know that taiwan's going to be part of China again someday will it be by War I hope not China seems to be smart enough to just wait because they know it's going to be theirs again someday and I hope they will just wait he said Rogers is still bullish on China's economy which is facing many challenges such as slower than expected growth the real estate crisis deflation export declines and high youth unemployment this week the Hong Kong court ordered the liquidation of China ever Grand the world's most heavily indebted real estate developer this decision impacts China's real estate sector but the outcome hinges on the Chinese mainland's response to the Hong Kong Court's decision Rogers highlighted that he is looking for opportunities in the Chinese market bitcoin's existential threat the legendary investor also weighed on the possib ility of Bitcoin getting banned by governments he outlined under which scenario that would be possible