Wednesday, October 5, 2011

Trade war with China can be very dangerous

We had a trade war in the 30`s which led to the Great Depression. We already have small signs of trade wars breaking out, Brazil, France, other places...now America. This can be very dangerous in the end. - in RT America

In The Two Largest Economies In The World, We Have A Dismal Outlook

Jim Rogers : In the U.S. and Europe, the two largest economies in the world, we have a dismal outlook. Naturally, that is going to affect all the emerging markets. Some of the emerging markets of course are making things worse for themselves. The Brazilians put on currency controls, the Brazilians started a possible trade war. So they are not contributing to good things.

Investors use too much leverage

Jim Rogers : Investors make the same mistakes investing in anything. They use too much leverage. The great advantage of commodity investing is you can use enormous leverage. The great disaster of commodity investing is you can use enormous leverage. Everybody in the world has a story about a brother-in-law who went broke investing in soybeans. But you don’t have to invest that way. - in CommodityOnline


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