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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Larry S. who wrote (49080)	8/21/2003 9:36:22 PM
From: E.J. Neitz Jr	Read Replies (1) of 53068

DJ US Econ Is In Trouble In Long Term - Investor Jim Rogers NEW YORK (Dow Jones)--Jim Rogers, global investor and author of "Adventure Capitalist," said the U.S. economy is going to get better in the short term - but he is worried about the state of the economy in 2005. In a CNBC interview Thursday to promote his new book, Rogers said that Federal Reserve Chairman Alan Greenspan is "printing money at the most rapid rate" ever and President Bush is spending money at the most rapid rate, which will boost the economy for a while, but "it can't go on." He also said that the U.S. dollar is deeply flawed and Greenspan is debasing the currency, which has "never worked in the long term for anyone." Rogers believes that the best investment opportunity is in commodities and companies that produce commodities. -By Jen Ryan; Dow Jones Newswires; 201-938-5294 08-21-03 1227ET- - 12 27 PM EDT 08-21-03

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