Rescue plan 'ludicrous and insane'
Last Modified: 03 Mar 2009
By: Faisal Islam
Jim Rogers, the co-founder of the hedge fund, the Quantum Fund, talks to Faisal Islam about the world economic downturn.
Rescue plan 'ludicrous and insane'
Speaking exclusively to Channel 4 News, Jim Rogers says politicians could be leading us into another Great Depression.
One of the world's leading financiers has called the economic rescue plans being put forward by Gordon Brown and President Obama, ludicrous and insane.
He has been called a Wall Street legend for his investment nous. Now he sees a fundamental shift of power from the west to east. Our economics correspondent Faisal Islam reports.
http://www.channel4.com/news/articles/business_money/interview+jim+rogers/3009962
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