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'We are going to pay the price': Famed investor Jim Rogers sounds the alarm on central bank money-printing and exorbitant debt a?? and warns the next market meltdown will be 'the worst in my lifetime'

'We are going to pay the price': Famed investor Jim Rogers sounds the alarm on central bank money-printing and exorbitant debt a?? and warns the next market meltdown will be 'the worst in my lifetime'
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Jim Rogers, the chairman of Rogers Holdings, thinks unprecedented amounts of debt will exacerbate the next economic downturn.




Rogers points the finger at global central bank policy as the cause for his concern.




Rogers is joined in his view by David Hunter, the chief macro strategist at Contrarian Macro Advisors, who expects an 80% decline in stocks.




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When the market started to unwind back in late February, the Federal Reserve battened down the hatches and threw just about everything they possibly could at the problem in response.
As a refresher, here's some of what the Federal Reserve has been up to since the crisis shuttered huge swaths of the US economy:



Cut interest rates to zero




Announced unlimited quantitative easing




Started purchasing corporate bonds




Announced an initiative to buy state and local bonds



The market response? A violent rally.
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