Commodities guru Jim Rogers says that Europe should let Greece default on its debt, and that the U.S. Federal Reserve needs to stop printing money, or else risk creating another serious financial crisis. Rogers tells Bloomberg that history shows the longer one delays dealing with a debt crisis, the more trouble it creates. He opposes further Greece bailouts, saying they are really bailouts of banks from France, Germany, and other countries that made bad loans in Greece — and he says other European taxpayers shouldn’t have to bail out those banks. Rogers also has harsh words for the Fed, saying its members are “dangerous people”.

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