Jim Rogers on FOX Business News - May 11 2011

Jim Rogers : I am a citizen (of the US ) and a tax payer and a voter ...Singapore has been enormously successful in the last 40 years it has been astonishing and a lot of that it was because of the very strict discipline , now a lot of other nations should have had strict discipline they have not , The Congo has a very strict political system but they gone down the tubes in the last 40 years ...now as far as China , they call themselves communist but they are amongst the best capitalists in the world , California is more communist than China ...All the businessmen I know most of them they say we rather do business in China than just about anywhere , because if you need something unless it's absurd you can get it , you can get it done



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%.