no of course it's serious , Lauren if it turns into a trade war , it is the most momentous thing of 2011 trade wars always lead to wars , nobody wins trade wars except the generals when they are fighting their physical wars when this happen no no this is very dangerous you are right to cover it , problem is the congress making themselves looking good when in fact they have a problem .- in RT America
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, October 5, 2011
Trade Wars could be very dangerous
Jim Rogers : this could be terribly terribly dangerous if it turns to be a trade war , we had a trade war in the 1930s it led to the great depression we already have small size of trading wars breaking out , Brazil France other places now America , this could be very dangerous in the end ...
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 "