Friday, June 14, 2013

Jim Rogers on Singapore inflation and immigration

If Singapore cannot get enough labor, it will have to raise wages. Inflation will rise and Singapore might price itself out of the market over the next few years. On the future of Singapore if it tightens immigration Singapore could be an old age home in 10 to 20 years. Every country in history that has a backlash against foreigners, is going to go into decline.

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).

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