Jim Rogers feels Britian and several euro zone countries are likely to have their credit rating cut in coming months as debt problems worsen, and feels Western policymakers are bound to embark on more QE to stimulate their economies.
In an interview with Reuters insider Rogers opined “The idea that the US is downgraded and the UK is not is lunacy. There are many countries, Belgium, Spain, lots of countries in Europe, that should be downgraded just as the US has been downgraded.
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