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 18, 2012

Jim Rogers : America will face Stagnant Economy, Inflation, Economic Turmoil, Interest Rate Turmoil, and Currency Turmoil

Jim Rogers : Well, they're going to be the same consequences that the Japanese have suffered. The Japanese have not recovered, their economy has not recovered. Their debt has gone higher and higher. Japan is facing more and more problems now, but especially in Japan's case, they have a serious demographic problem, and huge debts that continue to rise. Well, Europe has a demographic problem, a serious demographic problem – not as bad as Japan's yet, and debts that keep rising; America the same way. America's demographic problem is not as bad, but the debt is going through the roof. America's now the larger debtor nation in the history of the world, and they're printing more and more money. This is going to have the same consequences it's had throughout history. Stagnant economies, inflation, economic turmoil, interest rate turmoil, currency turmoil – it's not going to be fun. Be careful, be worried, be prepared. - in the motley fool

 
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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