“I was able to reconnect for an interview with legendary Quantum Fund manager and commodities bull, Jim Rogers. This was an especially groundbreaking interview, as Jim shared thoughts on what governments around the world will be taking next, and what he’s doing right now to protect his personal bank accounts following the Cyprus collapse. With respect to which assets governments will likely be coming for next, Jim said, ‘401k plans, IRA’s, and pensions plans which the government knows about [may be next]…They’re rationale would be, ‘Well most people haven’t been doing well in their IRAs and pension plans for the past several years, so we’re going to help you.'”
http://lewrockwell.com/rogers-j/rogers-j182.html
Related posts:
UN Takes on Al Qaeda in Mali
The Strange Moral Compass of Christopher Dorner
Ivan Eland: Revealed U.S. Strategy to Battle ISIS Is Wanting
Iran, Russia Launching Cryptos to Escape Sanctions
Trump's North Korea blockade threat amounts to illegal starvation
Dennis Rodman (& Russia) Promoting Global Peace
Freedom Requires Whistleblowers: The Importance of Transparency
Bill Bonner: Is QE Broken?
3 Gold Facts You Can’t Ignore
It's time to destroy the U.S. smallpox reserves [2011]
Michael Scheuer: Bin Laden predicted Obama’s war on the 4th Amendment
How a $1 Bag of Salt Water Becomes a $546 Bill at Hospitals
Drones Are Like Structured Finance
Bill Bonner: US Market Crash Alert!
Mexican Version of Obamanomics Won’t Work any Better than US Version