(Source: CNBC) According to CNBC’s Jim Rogers has predicted that the euro is not likely to exist over the longer term, about 15-20 years. Rogers said that the value of the British pound is expected to fall substantially in the coming years. “The euro will probably break up in the next 15 to 20 years,” Rogers [...]

Fed Chairman Ben Bernanke has warned that the economic turmoil that we have fave recently will likely follow us into the future. He said that the Federal Reserve will continue to use its power to try to improve market function and liquidity.

President Bush said that the recently approved bailout plan will not help the economy immediately, but will work out in the long run. He said that the $700 Billion will not be a total loss and will not end up costing so much. According to the President, the assets that will be [...]