Famed global investor Jim Rogers believes that China will dominate the 21st century : “China is the next great country whether we like it or not,” “The 19th century was the century of the U.K., the 20th century was the century of the U.S., and the 21st century is the century of China."he told his audience at the Shilla Hotel in Seoul during the 2011 Seoul Global Financial Conference. 2011-03-13
“They call themselves communists, but let me tell you they are among the best capitalists in the world.” “As recently as 1987 the United States was a creditor nation, now the United States is the largest debtor nation in this history of the world,” he added
in The Korea Herald
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, March 18, 2011
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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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