“Western Civilization is Going to Collapse”
And if Rogers is right (like he usually is, which is why he’s a billionaire) do you really believe there won’t be social unrest and WAR? As European economies collapse, the Middle East goes from bad to worse, and the most powerful Islamic dictatorships still standing (Turkey and Iran) join forces to “protect” Muslim minorities from native Europeans WWIII will begin. Read: Nostradamus and the Islamic Invasion of Europe
“During an interview with Business insider founder Henry Blodget, finance expert Jim Rogers warned that the soon coming economic catastrophe will be the worst financial collapse the 74 yr old invested has ever seen. Rogers made earth shattering predictions during his interview on the Bottom line. He said that most of the oldest institutions that Americans had become accustomed to would most likely cease to exist.
“When things start going really bad, people are going to call and say, ‘You must save me. It’s Western civilization. It’s going to collapse.’ And the Fed, who is made up of bureaucrats and politicians, will say, ‘Well, we better do something.’ And they’ll try but it won’t work. It’ll cause some rallies but it won’t work this time.
Springing forth from the financial turmoil, the political turmoil that ensues could topple governments, or lead to the demise of other venerated institutions, be they investment banks or universities.
“You’re going to see institutions that have been around for a long time – Lehman Brothers had been around over 150 years. Gone. Not even a memory for most people. You’re going to see a lot more of that next around, whether it’s museums or hospitals or universities or financial firms.”