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%.
Showing posts with label Greek Debt. Show all posts
Showing posts with label Greek Debt. Show all posts

Monday, October 4, 2010

China offers to buy Greek debt; vows double trade in 5 yrs

ATHENS, GREECE: Chinese Premier vowed Saturday to double trade with Greece within five years, and to buy Greek bonds when the crisis-hit country returns to international markets.

Wen started a weeklong tour of European countries in Athens, heading a delegation that signed 11 private business deals and two state cooperation agreements for trade and cultural affairs.

``When Greece is in trouble, China will help _ that's when real friendship matters,'' Wen said after meeting Prime Minister . .
Read article >>>

China offers to buy Greek debt

China has offered to buy Greek government bonds, in a show of support for the country whose debt burden pushed the euro zone into a financial crisis.

Wen Jiabao, the Chinese prime minister, made the offer before Greece's parliament on Saturday at the start of a two-day visit to the country.

But his offer has also called into question China's own financial policies.

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 "
Related Posts Plugin for WordPress, Blogger...