Jim Rogers : The Regulators do not understand how markets work

Global Investor Jim Rogers criticized the decision by Italian regulators to introduce more disclosure for short sellers. "These guys don't have a clue, that's why they work for the government instead of in the real world," Rogers said.
" I do not vote in Europe , but aren't the European voters getting pretty fed up , why should they have , why should good honest dutch men or Austrian who have been saving money and have not done anything wrong suddenly have to pay the bills for some Greeks setting on the beach it just does not make any sense to me it is not moral it is not good economics it is absurd " " why should people have to pay for a bunch of liars that's my whole point why should people who have done nothing wrong suddenly have to bailout liars it does not make sense to me , the citizens did not made the loans the banks made the loans , they are trying to bailout the banks instead of bailing out you and me or you cause you are the voter I am not "



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%.