International investor Jim Rogers argues the U.S. markets are inferior to Europe and the next economic slowdown will be much worse than 2008.
US is in worst shape than Europe.
Voss Capital is betting on a housing market boom
The Voss Value Fund was up 4.09% net for the second quarter, while the Voss Value Offshore Fund was up 3.93%. The Russell 2000 returned 25.42%, the Russell 2000 Value returned 18.24%, and the S&P 500 gained 20.54%. In July, the funds did much better with a return of 15.25% for the Voss Value Fund Read More
Next time we have an economic slowdown it will be awful.
Every 4-6 years we have economic slowdown, so it will happen in 2012 or 2013. And we will be in even more debt.
Commodities can have demand go down and supply also go down, therefore increasing commodity prices. This is what happened in the 1970s and can happen again today.
The farmer population is aging in the USA, Japan and Australia; this will drive up agricultural prices.