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).
Thursday, December 5, 2013
The Chinese Are Becoming More Capitalist
The Chinese are becoming more and more capitalist. It`s very interesting that they said the markets are going to be the final arbitrageur, not the bureaucrats, not the government or anything else. In America, its exactly the opposite. The government says when there is a problem, "We will decide". Look at Obamacare. The government says, "We will figure out the solution." In China they say, "We will let the free markets, the open market decide." I much prefer the chinese system of more free markets than ours with the government dictating everything.
Singapore: Everything Works
Singapore is about as Asian as you can get. It is certainly a very developed country, it is an astonishing success story over the past 40 years. Everything works, it has great healthcare, great education. I am extremely happy living in Singapore. My kids love it, my wife loves it. We are very keen on Singapore.
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).
The Way The System Works
It`s pretty simple. The way the world has worked for a few thousand years is, when people get into trouble, they fail, competent people come along, reorganize the assets and start over.
In America and in the West, what they said was, "No, no. We are going to let the incompetent people take over the assets from the competent people and then let them compete with the competent people." The japanese tried this in the early nineties, the japanese had two lot decades. It is not going to work. In Scandinavia, in the early nineties let people go bankrupt, they had a horrible two or three years but since they they grown dramatically over the past 15 or 20 years.
The way the system works is, when you fail, you fail and you start over. In America we do not do that anymore and we are kicking the can down the road.
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).
The FED : Mistake After Mistake
"America has had three central banks in our history. The first two disappeared. This one will too, because they keep leveraging up the balance sheet. They keep making mistake after mistake. They keep printing money." - in Money News
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).
Graphene: As Important As The Internet
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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