'I Expect a Currency Crisis or Semi-Crisis': Jim Rogers
Published: Monday, 14 Sep 2009 | 7:18 AM ET
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By: Antonia Oprita
Associate Web Producer
The worst of the economic crisis is not over and a currency crisis can happen this year or the next year, because the problem of too much debt in the system has not been solved, legendary investor Jim Rogers told CNBC Monday.
The current recovery is just a consequence of the fact that consumption fell so dramatically in 2008 and people have to buy things they need in 2009, Rogers told "Worldwide Exchange."
"How can the solution for debt and consumption be more debt and more consumption? How can that be the solution to our problems?," he said.
http://www.cnbc.com/id/32837500
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