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'You Should Be Extremely Worried': Jim Rogers Warns That The Next Bear Market Will Be The 'Worst In His Lifetime,' Suggests A Bigger Crash Than 2008. Here's What He Owns Now
Stocks have climbed in 2023 after suffering through a bear market in 2022. But according to legendary investor Jim Rogers, the next downturn could be more painful. In a recent interview with Real Vision, Rogers explained why his outlook is so bleak. “[In] 2008, we had a bear market because of too much debt,” he said. “Look out the window since 2008, debt everywhere has skyrocketed.” And that does not bode well for investors. “It’s a simple statement that the next bear market will be the worst in