Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Sunday, August 8, 2010

The gap between the rich and the poor widens in China

Chinese poor locked up at night

Gated villages in China have always been symbols of affluence; spaces where the rich protected themselves from criminals and other undesirables.

But now the poor in Beijing are being locked inside their neighbourhoods at night, between 11pm and dawn.

Chinese officials call the project "sealed management" and claim the measure helps reduce crime.

Al Jazeera's Melissa Chan reports from Beijing.
The gap between the rich and the poor widens in China
Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
Related Posts Plugin for WordPress, Blogger...