Problems are worse than they have ever been, famous investor Jim Rogers said
in an interview recently. More stimulus, and more debt will not solve our problems because too much debt caused the crisis in the first place, he said.
Rogers said he is long on commodity and short on stocks. Rogers added that he does not own any stocks.
Rogerts is concerned about the bond market, and with the coming inflation Rogers believes bonds are a bad bet. Bonds go down when inflation and interest rates go up. Rogers sees the bond market as a "bubble".