And there are some
articles on the Internet right now where different experts say that the
sanctions imposed by the EU and the US could be bad only for them. What
do you think about this sanctions strategy that the US and the EU are
using with respect to Russia?
Jim Rogers : I don’t see any
sanctions strategy that they can use that will hurt Russia worse than it
will hurt the people imposing those sanctions. You have many people who
will trade with you – China, Iran, many of your neighbours. America
cannot patrol all of those borders. You can get just about any products
you need. Plus, some of the products that you sell, other people need
them very-very badly, such as natural gas and some of the metals.
I
think Mr. Obama is making the fool of himself yet again. After all, Mr.
Obama is the one who instigated the coup in Ukraine where there was an
elected Government. Mr. Obama, his diplomats are recorded and we have
recordings of them saying – we’ve got to do something about this
Government. And then, when it went against him, he got angry. And I’m
afraid he is going to shoot himself in the foot yet again.
Read more: http://voiceofrussia.com/2014_03_27/No-sanctions-will-hurt-Russia-more-than-people-imposing-them-financial-analyst-2389/
Read more: http://voiceofrussia.com/2014_03_27/No-sanctions-will-hurt-Russia-more-than-people-imposing-them-financial-analyst-2389/
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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