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%.

Friday, March 22, 2013

China trying to lower inflation

The Chinese are trying to slow things down, rightly so. They've had inflation. They've had a real estate bubble, you should always try to pop bubbles and you should always try to kill inflation, so I admire what they're doing. China will have many problems but it's not the end of the world. The US went through a similar economic rise with rapid growth in the 20th century with the Great Depression in the 1930s.

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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