Jim Rogers: Next Recession Will Be Much Worse

The Great Recession that may have just ended will amount to nothing compared to the next one, says commodities expert Jim Rogers.

The huge fiscal and monetary stimulus is what will cause the crisis, he says. Rogers notes that the United States suffers a recession every four to six years on average.

“When it (the next one) comes, it’s going to be much worse, because Washington can’t quintuple its debt again,” he told Newsmax.TV Money. (more)