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Jim feels strongly about the ongoing bailouts in the US economy, calling them "totally outrageous" and indicative of "absurd economics and absurd morality". Unfortunately, the US government have taken it upon themselves to prop up failing companies with taxpayers' money, throwing good money after bad in the process.
Rogers also shares thoughts on the investment ideas he's optimistic about, his long and short postions, the needed foundations for a sound economic recovery, and a great deal more, so have a look!
Related articles and posts:
1. Jim Rogers talks to Bloomberg TV - Finance Trends.
2. AIG bailout provides derivatives blueprint - Finance Trends.