Renowned Investor Jim Rogers Warns 'America First' Policy Will Trigger 'Biggest Recession Ever'
Author: Content Editor
Renowned investor Jim Rogers warns that President-elect Donald Trump's "America First" trade policies could lead to the "biggest recession ever" due to spiraling U.S. debt, inflation, and trade restrictions. Rogers argues that trade restrictions harm global economic stability and the United States itself. He emphasizes domestic issues such as inflation and national debt as serious threats to the U.S. economy. Rogers proposes reducing spending and debt instead of implementing trade restrictions. He advises investing in commodities like gold during economic downturns as a safe haven. Rogers has consistently warned about major economic downturns and has ongoing concerns about the diminishing role of the U.S. dollar as the world's reserve currency.