Influential investor Jim Rogers has
warned about the impact of the US central bank's tapering plans, saying
they will be an "unmitigated disaster".
His concern is despite US stock markets looking likely to end 2013 on a high and signs of recovery in the eurozone.
Mr
Rogers told Sharanjit Leyl: "This is the first time that all the
central banks are printing staggering amounts of money at the same time.
There's an artificial sea of liquidity... This is going to be a
disaster in the end."
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.
Thursday, January 23, 2014
All You Need To Know About Agriculture
In the United Kingdom, the highest rate of suicide in any economic
sector is agriculture. In India, millions of farmers commit suicide.
Farming has been a nightmare for most people. The result is we don`t
have any farmers.
More people in America study Public Relations than study agriculture,
some major agriculture universities had to close or change because
nobody wants to be a farmer. I don`t know what more do you need to know.
Agriculture has to change. Prices and profits have to go much higher in
agriculture or we are not going to have any food at any price.
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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