It’s looking to be a legendary election year, with recent polling putting incumbent Barack Obama behind his Republican rivals. If the current commander-in-chief can clench re-election, however, the result could be rough for the rest of America.
Discussing the damage a second Obama term could have on America, legendary investor Jim Roger tells CNBS that the economically oblivious incumbent could crush whatever is left of the faltering US financial system. The first Obama term has suggested that the president has no problem letting the Federal Reserve print a plethora of money America doesn’t have. As if the consequences haven’t been colossal already, Rogers says another four years of Obama could very well ruin America by the time a second term is in full swing .... Read more at http://rt.com/usa
