Wednesday, May 18, 2016

U.S. Dollar: Intellectually & Economically Indefensible

I own the U.S. Dollar right now even though it is intellectually and economically indefensible but unfortunately most things are indefensible too now and that is why I own U.S. Dollars.

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, May 17, 2016

Why Is America In Decline?

There are many reasons obviously. The nation peaked and then gone into decline but perhaps the main reason right now if I had to point my finger on one thing it would be the debt in America.

Every nation in the world history that has got itself into such a debt situation suffered. America is now the largest debtor nation in the history of the world and its getting worse every day. When you have a lot of debt it is hard to grow in a dynamic and dramatic fashion.

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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