Jim Rogers and Warren Buffett are on different sides of the recent government bailout. Rogers calls the US more communist than China, adding that the Fed bailout is “socialism for the rich“:
If the video doesn’t show up, you can see it here.
Buffett sees things differently: “I wouldn’t change anything in the plan myself,” adding in his own interview with CNBC. “It’s the best deal and the most sensible deal available now.”
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bailout, economy, fannie mae, federal reserve, freddie mac, housing market, jim rogers, mortgage, mortgage market, real estate, socialism, Warren Buffett
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