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%.

Monday, May 28, 2012

Jim Rogers: The Decline of America will not stop

Jim Rogers: There will be rallies. The U.K. in 1918 was the richest, most powerful country in the world. There was no number two. In three generations, they were bankrupt. Now in that period of time, they had some rallies, as you well know. They won the Second World War, for instance. So they had some big rallies. But basically, they were in decline. I would like to think that there’s something which is going to save us. I can think of some things which will give us rallies. But I cannot see anything – I mean, look at Japan. Japan has staggering internal debt. They still are externally a creditor nation. They still have a balance of trade surplus. We’re the largest external debtor nation in history and the largest internal debtor nation in history. We’ll have rallies. But Steve, I don’t see what can cause us to repeat, perhaps, the ’70s. We’re in relative decline. Maybe you would like to debate that. I don’t think so. I don’t see that that relative decline will stop.- in Forbes interview
Click here to watch the full interview>>>>>> 


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 "
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