jim rogers says the american and european economies of facing a recession and a global economic crisis may very well be next because of that extended period of siri, interest rates, and. ready capital already we seeing yield trips in liberty in the us, europe in tetra. you'll inverted yield clips already tending that the u. s. economy, the european economy, et cetera, is going to get interesting if not already in recession. and that when you buy, she had such a lot of capital flows into sub optimal project. you're going to find more and more benefits coming up in the system. and more and more positive phenix coming through for i would say, what needs to be cautious. it doesn't necessarily say we're hitting for another level financial crisis, but certainly the dates are big malik, and bell allocation of capital as most of via and the possibility of another global crisis. and so as the western markets do look poised a hemorrhage, we keep seeing all sorts of strategic and economic partnerships browsing up around the world. the global south, for example, i see on bricks some calling at the

jim rogers, thanks for joining us here at pleasure to talk to you and see now silicon valley bank collapse. what does it mean for the us? what does it mean for global economy? it's a very large bank. there's, you know, we don't know how the winds up the 1st day or the 1st week even, but use it. there is a snowball effect. you mentioned in 2008. that led to huge problems because the debt was so high. right? since 2009, the debt has gone up very, very high everywhere. so this is probably going to snowball into serious problems down the road, whether it's next month or next year. bad times are coming to, i mean, is this going to affect the rest of the world? was this just a us problem? we're just the us problem. been around the u. s. is the largest economy in the world where the largest debtor nation in industry over the world. now it's going to affect everybody, even russia no effect. everybody. marine the cause a governess should intervene and then an old. is that something that that's likely to happen? should other government get involved here with the us? nice. it's all about stuff and wh

chief administrative officer for silicon valley bank. quantum fund co founder and investment guru jim rogers believes a cascade effect from the banks. failure is coming, but it's just a matter of time. it's a very large bag because you know, we don't know how the same wind up the 1st day or the 1st week even. but usually there's a snowball effect. you mentioned in 2008 that led to huge problems because the debt was so high, right? since 2009, the debt has gone up very, very high everywhere. so this is probably going to snowball into serious problems down the road, whether it's next month or next year. bad times are coming. us is the largest economy in the world where the largest, better nation in the world affect everybody. will the u. s. government do something . yes, of course they're worried about their jobs. they're worried about other people's job. so they will take cash nation, not the best solution is to let the market take care of it. wipe out the bank, wipe out the people, make mistakes and start over. will they do that? of course not. they will try to profit up. they will try to cr

aaron rogers wants to play on the jets. jimher he should or not. >> let's check in with bill. he has a great show coming up. >> morning. >> i will see. they become immediate playoff contenders. >> he plays for cincinnati, that's it. >> chiefs, jets and bengals and maybe ravens. good morning, guys. great show. danger zone america, what's next after the gold standard of zone is taken out. how strong is your bank? why do so few pay attention. one college professor has had it. finally, he threw in the towel. we are warming up. we'll see you in a few minutes, guys. top of the hour. promises of all shapes and sizes. each, with a time and a place they've been promised to be. a promise is everything to old dominion, because it means everything to you. why are 93% of sleep number sleepers very satisfied with their bed? maybe it's because you can gently raise your partner's head to help relieve snoring. so you can both stay comfortable all night save $1,200 on the sleep number 360 i10 smart bed. only for a limited time. somewhere out the

roger. i'm okay. so president trump was briefed day essentially by jim comey and told that he was a russian asset. you can imagine this is a guy who's been selling real estate in queens and bronx and running casinos in city and the head of the fbi says we have information that suggests you are a russian asset and. we can now see as we have unfolded and i did work cia director trying to unpack the his role in that document. we can see that it was completely without foundation and that relatively early on senior leaders at the fbi knew that it was without foundation and much after that they knew it was false. not only could you not confirm it, as you have to do with any intelligence report, they knew that much of what was contained there was untrue. and for and a half years we suffered under that and the administration, not just president trump, but all of us. imagine you're the secretary of state traveling around the world and that foreign that prime minister or that president has no idea if you'll be the secretary of a week from now. the president could get impeached and convicted and a new team w