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, July 30, 2010

China Capitalism Beats US

There is no light in sight for this struggling U.S. economy. According to a report by the Commerce Department, economic growth slowed sharply in the spring, only showing a modest 2.4 percent growth. As the U.S. economy is slowing down other countries are passing by. China has officially overcome Japan and become the world's second largest economy. Is the U.S. taking a serious downward turn? RT Correspondent Lauren Lyster explains that the U.S. economy is a result of bad policy and the government isn't doing enough.

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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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