JIM ROGERS BLOG is An Unofficial Tracking Blog of Global Investor Wall Street King and author Jim Rogers , his investments speeches interviews ideas and much more....
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Jim Rogers author of a gift to my Children is in Florida being interviewed by Dan Mangru of the Mangru Report , Jim Rogers answers questions and Fannie and Freddie , Union pension bailout , Jim Rogers says "nobody should be bailed out if you ask me , after the Union pension bailout you have the state pension most of them are under water as well , you know it is Staggering the amount of money that is not there that is supposed to be there ...it has been dissipated in laws by politicians by management by unions by all sort of people over the last decade or two , just wait until the state got to have been bailed out and their pension funds , they're staggering and you gonna start seeing problems in the municipal bond market too , because people are going to start realizing , hey these people are under water too ...this is not over Dan , there is a lot more outrage to come
Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
