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%.

Tuesday, January 18, 2011

U.S. vs. China

Is now the time for the U.S. to get tough with China or have we already allowed them to get the upper hand, with Ted Fishman, China Inc. and Alan Tonelson, U.S. Business & Industry Council.





China has predatory economic policies stealing growth from us by giving us money to buy their stuff and under valueing their currency? and that they're responsible for the economic crash. It crazy that people love to blame on others what is obviously our fault  ,TRUTH IS we in the west no longer build anything that anyone wants. there was a time when people here and abroad would decide between a ford or a chevy. NOW is it going to be a honda, a mazda, a nissan, a hyundai, or EVEN the lowly kia. forget about toasters and fridges they're long gone from being made here. the only american cars that are any good now are ford. the rest is just garbage and nobody not even us want it. IT'S THAT SIMPLE

Jim Rogers: Easy to blame Americas problems on China

As Washington prepares to roll out the red carpet for Chinese President Hu Jintao's state visit, the stakes could not be higher but what will come out of these discussions? Investor and Author Jim Rogers says very little will come from the meetings, maybe China opens its currency a bit more and the US will get rid of some debt but not much else.


Americas problem or every country's problem is corrupted government No simple chinese made meals out of scraps took loans to build businesses and actually built their own pyramid families..China seems to take things head onn - and as for their 5000 year old history they may know something

Jim Rogers : many emerging markets have been over exploited

Jim Rogers :".....Well, I do not own shares in many places any more, including emerging markets. Most emerging markets got terribly over exploited. My way to participate what is going on is to own commodities because if the world economy gets better, commodities will do very well because of the shortages. If the world economy does not get better, I still want to own commodities because the government is going to print more money. It is a wrong thing to do printing money, but that is all they know. So whenever they print money, it is good for real assets. So either way, I would rather own commodities than shares because I do not know what is going to happen to the world economy and I do know many emerging markets have been very-very over exploited. ..."
via www.economictimes.indiatimes.com
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 "
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