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%.

Saturday, August 28, 2010

Jim Rogers : China and India cannot bailout the US

Jim Rogers : "The Chinese economy is 1/10 of the U.S. and Europe, and India is a quarter of China, they can’t bail us out,”“Everyone should be raising interest rates, they are too low worldwide,” Jim Rogers said in variouse media interviews recently “If the world economy gets better, that’s good for commodities demand. If the world economy does not get better, stocks are going to lose a lot as governments will print more money.” "With zero interest rates and huge government deficits all around, policy options are definitely more limited," Jim Rogers explained
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 "
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