“This is Insanity!” – Jim Rogers Warns of “Horrible Time” Ahead

from Zero Hedge

The Fed has increased its balance sheet over 500% in the past decade; The Bank of Japan is printing money to buy bonds and stock ETFs; and The European Central Bank is mired in insane negative interests. And, according to legendary investor Jim Rogers, they will continue this “madness” as long as its necessary.

In an interview with RT’s Boom Bust, Rogers exclaims, that interest rates around the world have never been this low:

“… this is insanity, that’s not how sound economic systems are supposed to work.”

Continue Reading at ZeroHedge.com…

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