Jim Rogers : “Asia has huge amounts of money saved here for rainy days. The largest creditor nations such as China, Korea, Japan, and Russia…all have been saving money. They will be affected – but less badly affected,” Jim Rogers who is now based in Singapore told RT.
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%.