Jim Rogers : The U.S. as a whole is the largest debtor nation in the world and we have bankrupt state Illinois New York California etc.... , in Europe, the whole thing is not a big debtor nation. they're solvent. they've got individual countries, Ireland, Greece, etc..., that are bankrupt.But No they're not in much better shape than we are. - in CNBC 06 Dec 2011
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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 "