George Soros had a debate on a Chinese channel called CCTV he touched several topics ranging from the economic crisis his investment strategy and how he makes money even in the crisis , why he decided to end his retirement and restart working , his charity , he also spoke about his ex partner Jim rogers and their similar investments strategies also he spoke about Warren buffet and his totally different approach to investing , different but not less efficient and successful...he also talked about China its banking system that seems not having been touched by the financial crisis yet....
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I'm suprised that Soros spoke to negatively about Jim Rogers. Whenever Rogers is interviewed, he is always introduced as the "co-founder" of the Quantum fund, however, in this interview, Soros states that Rogers merely worked for him. Interesting.... The question is who is telling the truth?
ReplyDeleteAn article in the FT the other day questioned the solvency of the Chinese banks - who are supposedly experiencing similar fractional reserve problems albeit lighter than the states. Or the sovereign society. Check both sites. Of course there is little written of this in the mainstream press
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