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Key Words: Jim Rogers says the next bear market will be ‘the worst in our lifetime’

We’re not there yet, but veteran investor Jim Rogers says the next bear market we see is going to be a doozy.

“When we have a bear market again, and we are going to have a bear market again, it will be the worst in our lifetime.”

Jim Rogers

That’s what the chairman of Rogers Holdings Inc. told Bloomberg News on Thursday.

“Debt is everywhere, and it’s much, much higher now,” he said, adding that he expects the current stock-market rout to continue, though he wouldn’t go so far as to say this was the start of a bear market, which is typically defined as a drop of 20% or more from a significant peak.

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