Fusion: Will China suffer due the problems in the West and with Japan ?
Jim Rogers : China is the largest creditor nation in the world, they save a lot of money, and they’re building their internal economy. They are in better shape than the others. Of course, they will have problems if the rest of the world has problems, as they did during the financial crisis. US and Europe are two big end markets. But I would rather be a creditor than debtor in these situations.
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%.
