Face it. Very few of us really understand the current state of world finance. It’s not just that the world is lurching from crisis to crisis, but also that the markets are so complicated, the policy questions so thorny, the obfuscation so thick, that we are all having trouble getting a handle on something that is redefining our reality.
When things look murkiest, when the way seems unclear, it is good to have a responsible and reliable guide to lead the way. Didn’t Dante enlist Virgil to guide him through the Inferno?
We are not great poets so we do not need to limit ourselves to a single guide. However many we choose, I would nominate legendary investor Jim Rogers as one of them. I don’t think that he needs an introduction; his fame precedes him.
Last night I watched Rogers being interviewed by Chrystia Freeland of Thomson Reuters. The video had been linked on Prieur du Plessis’s blog, Investment Postcards. Link here.
As always, Rogers has an exceptionally clear take on what is going on in the world today. Even if it only shines a little light on the darkness around us, I think that it is well worth your time. It was certainly worth mine.