JIM ROGERS

JIM ROGERS

Wednesday, January 11, 2012

Should China buy European Debt ?

Legendary Investor Jim Rogers Interviewed by China Money Podcast on the phone this time from Tokyo Japan is being interviewed by China Money Podcast about China economy outlook and the overall global economic situation in China America Asia and the World : "I don't see a resumption of the bull market in many places in the world until we have the next economic problems in the US, which will be fairly soon," Jim Rogers says ."If someone called up the American government, and went into the press everyday and said to America this is what you have to do with your currency, America would be furious. America would be shrieking, yelling and probably dropping bombs on that country," says Rogers.

Jim Rogers discusses: - China’s economy and stock market: Will the economy manage its challenges? Is there a bull market waiting ahead? - China’s property market: What will be the consequence of a price correction? - China’s Renminbi: Will it continue to appreciate against the dollar? What will happen once the Renminbi is freely convertible? - Should China buy European debt? If so, what should China expect in return?
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%.





Who is Jim Rogers ?

James "Jim" Rogers was born in Oct. 19, 1942 and grew up in Demopolis, Alabama .Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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%. They ran what is considered to be one of the first truly global macro hedge funds. . In 1964 he got his first job on Wall Street at Dominick & Dominick in the summer between high school and Yale University, that's how he got his first experience with stocks and bonds. He immediately fell in love with the job. After Oxford, he returned to the U.S. and joined the army in 1970 he returned to Wall Street, working again with Dominick & Dominick. That same year he joined Arnold S. Bleichroeder, where he met George Soros, and together founded the Quantum Fund. This has opened a new era of global macrotrading and inspired numerous imitations and spin-offs. In the book "Money Masters of Our Time," Jim Rogers writes about that time "the most important thing in my life was work. I did not do anything until I had completed my work." To emphasize this professional ethic , it is good to remember that he did not made any holiday for ten years. In 1980, Jim Rogers has decided to "retire" at 37 years. Since then he has spent much of his time traveling and supporting the causes of philanthropic and taking on many high profile roles in the media. However, he continues to be an active investor and media commentator

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 "