Investor predicts US multi-year recession
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Jim Rogers predicts a serious crisis in the US economy by the end of 2024
American investor Jim Rogers said in an interview with RIA Novosti that the United States, regardless of the outcome of the upcoming presidential election in 2024, will face serious economic problems. And they will clearly manifest themselves even before the elections, influencing their outcome.
“By 2025, the US economy will be in trouble, whoever becomes president. It doesn’t matter who becomes president, the US will have problems,” Rogers said, when asked to predict the results of the campaign, as well as the development of the economic situation depending on the victory of that or another candidate.
According to the expert, despite Biden’s best efforts to change the economic situation for the elections, the effect is likely to be the opposite: the crisis will reach such intensity that Biden’s chances for re-election may be seriously reduced.
“I suspect that by November 2024 the economy will turn bad, and then he will probably not be re-elected,” Rogers said.
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