Jim Rogers on CNBC 06 DEC. 2011 : "well, 2002 we had a problem, 2008 was worse because the debt was higher, 2013 or whenever the next one is will be worse still, because the debt is going through the roof , so it's going to get worse and worse. we're shooting our bullets, we are wasting money."
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%.
Tuesday, December 6, 2011
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 "