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%.

Thursday, March 24, 2011

Jim Rogers : Inflation may trigger social unrest: in China and India

Legendary investor and commodity king Jim Rogers said that he believes that the increase in inflation and especially the food prices will trigger worldwide social unrest similar to what we are seeing in the Middle East North Africa , especially in emerging economies like China and India : “There will be lots of social unrest worldwide with governments and countries falling. Others will have crises before China – especially in the West Asia – perhaps even India,” Jim Rogers told Financial chronicle over the phone from Singapore.The general inflation as well as food inflation, which have taken prices of essential commodities such as rice, wheat and sugar high, can lead to social unrest in India. People are unhappy with the government’s failure to check price rise and will look for a change,” he added .
in www.mydigitalfc.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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