Jim Rogers on Radio 4 - Update

Last week on the 14th Jim Rogers was interviewed on the BBC's Radio 4 Today show. I mentioned it that day in a post. Anyway, for those of you interested in listening to the interview, you can do here. For those of you familiar with the Rogers Shtick, he's not saying much he doesn't usually say. For those of you who are not, it's worth the four minutes.

Jim Rogers on Radio 4

If anyone was uncertain that Jim Rogers is an Austrian and something pretty close to a Libertarian, his Radio 4 interview comments today should clear this up. Rogers says this about the bailed-out banks:

"I would have let them collapse. . . Throughout history, people have gone bankrupt, new people have taken over the assets and started over. That's the way the world has always worked, that's the way it should work, what they're doing now has not worked and will not work.”

The IC has a piece on the interview here.