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, April 27, 2012

Jim Rogers: America to plunge into deep Recession in 2013

Jim Rogers : "...America had recessions and economic slowdowns every 4 to 6 years since the beginning of the republic , you can add by 2013 we are going to have another , and when it comes this time it is going to be worse than last time because debt is so so much higher , the 2008 slowdown was worse than 2002 slowdown because the debt was high next time the debt is going to be up there and it is going to be much worse "....The legendary investor says The Fed is only making the situation worse.





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%.
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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