JIM ROGERS BLOG is An Unofficial Tracking Blog of Global Investor Wall Street King and author Jim Rogers , his investments speeches interviews ideas and much more....
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%.
Steve Forbes the editor in chief of Forbes Magazine says the US should stop pressuring China to appreciate its currency ( The Yuan ),"well I always believed that it was a mistake for the United States government to put pressure on China to revalue its currency , I think it is fine to have a stable value between the two currencies , makes life a lot easier " Forbes says that artificially changing the price of things does not work in the long term and in the short term it is disruptive ..."we tarted in the 1970s to put pressure on Japan to change the value of the Yen , the dollar today has fallen 75 percent against the yen , and we still have a trade deficit " says Steve Forbes The US should seek cooperation with China instead Steve Forbes says stop pressuring China to revalue its currency.
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 "
No comments:
Post a Comment