Wall Street star Jim Rogers is worried about the fate of the dollar after the US presidential election. The investor believes that neither Donald Trump nor Kamala Harris are interested in solving the problem of the American national debt, which affects the exchange rate. Rogers shared his opinion in an interview with RBC.
“America has huge debts everywhere, so I worry about the future of the dollar. I hope the dollar continues to rise in the coming months, weeks or years. But if this doesn’t happen, I plan to sell my dollars because of the huge US debt,” the star investor admitted.
Rogers confirmed that he still holds a lot of dollars. At the same time, he noted that the American currency has long ceased to be a “safe haven.”
The United States national debt at the beginning of October was a record $35.67 trillion.
