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%.

Thursday, May 12, 2011

Jim Rogers : I dont believe any governments stats

Jim Rogers : ...Yes there are going to be a lot of problems in China I assure you and there are a lots of problems in China , but the country that I see on the rise is China they are the largest creditor nation in the world they have a huge balance of trade surplus and it's getting better we are the largest debtor nation in the history of the world and it's getting worse....I do not believe any governments stats I do not believe ours I do not believe theirs I do not believe Germany , anybody ...I do not believe the politicians I do not believe the bureaucrats but I would say that China is growing dramatically , now they are trying to slow down they got an inflation problem a serious inflation and they got a property bubble in urban coastal cities and they're trying to do something about it ....





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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