When the market finally says to these guys, we do not care, we are not going to take your paper money, we are not going to take your bonds, we are not going to play anymore, then what are they going to do?
When printing money does not do any good, when spending money does not do any good...
Then that is a disaster, that leads to revolutions, dictators, wars, all kinds of disasters. Be sure to have some money diversified out of your own country.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Tuesday, June 9, 2015
Monday, June 8, 2015
China Is Slowing Down
The Chinese economy has been slowing down partly because the Chinese have been trying to slow it down, they had inflation, they had a housing bubble, so they have been doing the right thing, if you ask me, to slow things down. It is happening, the European economy is not robust, even America is not booming. Those are the customers for the Chinese, so China is slowing down just as many other parts of the world are as well.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
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