Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).
Jim Rogers graduated from Yale University and has a degree in philosophy, politics and economics from Oxford University. Jimmy Rogers became a Wall street legend when he and George Soros founded the Quantum Fund.After his career as a hedge fund manager and investor,Jim Rogers now periodically teaches finance at Columbia University, and appears regularly on the CNBC Cable Network.
Monday, September 3, 2012
China Is Loosening Up Too Early
Jim Rogers : Every time that they have begun to pop the real estate bubble in the past, once things start getting tough they get a lot of phone calls and they start loosening up again. In my view, China has loosened up too early every time in the last decade, which is why the real estate bubble has continued and it's gotten worse.
So it looks as though China is going to loosen up again and in my view they're going to loosen up again too early this time around, and you'll probably have a continuation of the same old thing - more inflation and perhaps excesses in real estate again. - in Mineweb