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%.

Sunday, August 22, 2010

Is China Economy a Big Bubble ready to burst ?

China just surpassed Japan as the second largest economy in the world , and Should current growth trends continue, China is set to surpass the U.S. as the world's largest economy by 2020, according to Pricewaterhouse Coopers, while Goldman Sachs is targeting 2027 but according to Stratfor global intelligence report China's Economy is going to Collapse, China is one Big Bubble! The Ponzi Shark Loan Finance ready to crash ? it is very easy for this kind of Asian export based economies to have a very high economic growth rate without necessarily having a strong profit margin so are the Chinese really creating a lot of wealth at home or are they just creating a lot of flow through their economy ? according to this report this growth model is unsustainable and that the economic crisis is going to become a social and political crisis ....
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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