The sooner that bankrupt countries such as Greece are allowed to default, the better it will be for them – and for the rest of the world. The bad news is that political leaders are showing no signs of letting it happen, and that is bringing closer a serious global depression. So says the global investor Jim Rogers in his latest interview with Independent Investor, the latest in our series of podcasts about the Eurozone crisis and its implications for investors. Speaking from Singapore, the one-time founder of the Quantum Fund spells out his fears for the future – and how he is seeking to protect his own financial wellbeing.
You can download the podcast here (mp3 format) Jim Rogers Interview (2006 downloads)