Jim Rogers very bullish on Myanmar and North Korea

Jim Rogers : I am very bullish on Myanmar and North Korea , unfortunately there is not much that Americans can do in North Korea or that I can see we can do , there is going to be a merger before not much longer of north and South Korea in my view and then you gonna have a huge power house on your hand because you'll have a country with may be 75 - 80 million people , lots of natural resources in the north lots of cheap and skilled labor in the north , huge capital and know how in the South , so there will be a huge power house and one reason the Japanese are so against it is because they know they will have a serious competitor on their hands right their on the Chinese border , Myanmar it got about 80 million people huge natural resources disciplined cheap labor force right on the border of china and right on the border of India you could not be much better located than where there are , so those are couple of places , Myanmar is stating a stock exchange in a month or so I am going to see what's happening in there , other than that I do not know of any other markets , I am not buying stocks anywhere


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%.

Jim Rogers : Mr Geithner should resign

Jim Rogers : I would ask for Mr Geithner's resignation I would abolish the Federal Reserve and I would ask for Mr Bernanke's resignation , I would also cut spending very very dramatically ,you have to take a chain saw to it and do something dramatic , you have to change other things you have to change the tax code , we have a huge litigation problem in America which is destroying us , we spend huge amount on medical care and education for instance but a lot of that goes to litigation... many things got to be changed I doubt that they will be , but that's what should be done ""we have troops in over a 180 countries around the world they are not doing anything except making enemies around the world , they are not helping us , read some of the things we are spending money on you will be appalled , but apparently if you say the right thing to the right congressman you get the bill passed and the money spent somebody got to stop that "



((((( The Jim Rogers Interview starts at approximately 08:00 )))))))



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%.