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%.

Sunday, August 19, 2012

China Slowing Down by Design

Jim Rogers : I’m a little surprised anybody says anything about China. China has publicly announced for three years they’ve been trying to slow their economy down. They’ve announced almost every month or every quarter they were trying to slow things down, so anybody who isn’t aware of this either hasn’t been paying attention or doesn’t know what they’re doing. China is slowing down, by design, properly, if you ask me. Some parts of [that] economy are going to have problems, such as property and real estate. Other parts are going to continue to do well. But anybody who deals with the West in China is certainly going to know something’s wrong. Anybody who deals with property in China is going to know something’s wrong. But part of that was by design – and proper design. - in the fiscal times
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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