JIM ROGERS ~ Why Chinese Outbound Tourism Is a Good Bet

The U.K. is the latest country to relax visa rules for visitors from China. The WSJ's Wei Gu speaks fund manager Jim Rogers about why investors should look beyond the U.S. debt deal and focus on the opportunity offered by Chinese travelers.

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 on The Debt Ceiling Deal

 "We've been kicking the can down the road for 60 years," Rogers told Russian TV RT. "How do you think we got so much debt? We are the largest debtor nation in the history of the world. Every year that goes by we grow deeper and deeper into debt. Somebody's got to solve this problem one way or another.""Two or three years later we'll be right back where we started, only the debt will be that much higher. Eventually the markets are going to say we don't want to play this game anymore and we're not going to lend you money at any price. America will then go into a steep and steady decline just as it happened in the UK, Spain, and many other countries over the last 200 years." - in RT Click here to watch the full Interview>>>>>



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%.