Rogers: They will try. What's going to happen is, they're going to raise interest rates some more. Then 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.
Good video from famed investor Jim Rogers, I haven't heard much from him since he moved to Asia, used to see him all the time on CNBC back in the day. If he's correct, might be a good time to sell stocks as they're near all time highs. I wonder how all this will affect crypto....
Watch the video here...
http://www.businessinsider.com/jim-rogers-worst-crash-lifetime-coming-2017-6