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%.
Thursday, November 3, 2011
Jim Rogers expects US economic slowdown in 2012 or 2013
Jim Rogers : I would suspect the agony would be in 2012 may be in 2013 because if nothing else every 4 to 6 years throughout history we had an economic slowdown in the United States for many many different reasons , we are overdue , we are overdue in 2012 - 2013 , when the next slowdown comes what's America going to do ? we cannot quadruple our debt again we cannot print staggering amount of money again so the next slowdown is going to be even worse than 2008 which was worse than 2009 too , so things just keep on getting worse and the debt is getting higher and higher ....- in Fox Business News
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 "