Jim Rogers : Finance has failed several times in history

Jim Rogers : when i went to Wall Street in the sixties mostly it was backward nobody went to Wall Street , in the fifties sixties and seventies Wall Street was not important then we had a long bull market for thirty years it became extremely important , everybody got an MBA and everybody wanted top go to finance but that happens anytime in history for the first years of the twentieth century finance they were kings then we had the collapse of the thirties it became disastrous again until the eighties but it always worked this way , finance has failed several times in history , many times in history but everything has failed , everything goes to excess and collapses has a long period of bad period then it starts over , like agriculture ......