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%.

Thursday, November 8, 2012

Jim Rogers Predicts U.S. Economic Slowdown


ET Now: But just one quick word for the US businesses as we read a lot of articles which say that there is uncertainty if Barack Obama does come back. Businesses do not like that. Therefore the growth of jobs and businesses in the US will not go up and might go down if he indeed does come back. You second that view?


Jim Rogers: Absolutely. The US is going to have economic slowdown in 2013-2014. So now you are going to see more unemployment or fewer jobs, more turmoil in the currency markets and more turmoil in oil markets. Be worried. - in Economic Times India



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%.

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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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