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%.

Wednesday, September 21, 2011

Jim Rogers Video Interview - Reuters - Sept 21 2011

Jim Rogers : ...we are going to have a global recession because because because ...every 4 to 6 years in America we've had economic slowdowns and recessions we are overdue late in 2011 , 2012 2013 it's coming for whatever reason , we have always have had them every 4 to 6 years so we are going to have one again , part of the main problem is in America we spent a lot of money the people who got that money are better off but the rest of us are worse off , the debt has gone up by a staggering amount may be 400 percent when you take the all balance sheet guarantees the FED has printed a huge amount of money , no there are many things wrong they are just getting worse not better it is like in Japan they kept propping people up they had a lost decade then they had two lost decades , we had a lost decade we are going to have another one too , we are making horrible mistakes in running the US economy... 

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 Video Interview - The Wall Street Journal

Jim Rogers :...China is certainly going to have set backs along the way there is no question about that says legendary investor Jim Rogers ; they have raised interest rates four times during last year or so they raised reserve requirement eight times , they are trying to cool things out , I hope they are successful it will be good for them and it will be good for the world ....when America rose to greatness we had 15  recessions in the 19th century we had civil war we had very few human rights we had very little rule of law periodic massacres in the streets you could buy and sell congressmen , well you can still buy and sell congressmen but they were cheap in those days we had a lot of set backs but we became the most successful country in the 20th century Jim Rogers explains ....



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 "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 "
Related Posts Plugin for WordPress, Blogger...