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

The problem of too much debt is not solved by more debt

Jim Rogers : they (Europe) going to announce some good things and it is going to make everyone feel better for a while, but eventually a month six weeks two months from now three months from now people are going to say, wait a minute, we're back where we are. things are worse than they were before. Maria, the problem of too much debt is not solved by more debt. this is ludicrous - in CNBC 06 Dec 2011
Click Here to watch the full interview >>>>>>>

No comments:

Post a Comment

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 "
Related Posts Plugin for WordPress, Blogger...