Jim Rogers Blog

Monday, April 14, 2014

China economy vs Dubai economy

China is vastly different from Dubai, vastly. 

Dubai was building its plan, its economic plan was to build an economy based on real estate speculation. It didn't have anything else. It didn't have oil, natural resources, it had a small population etc. and there was gigantic real estate speculation in construction. 

China has huge amounts of stuff. It has a growing population. It has vast natural resources, not enough, but it’s got some. And then all those natural resources in Siberia which they can tap and they've got huge financial reserves. Dubai does not. Dubai has a rich big brother, but that’s all Dubai has and China has it all - resources, cheap labor, discipline, educated labor and vast markets. 

As far as the lower growth rates, I don’t pay attention to government growth figures because they’re all phony. Nobody knows how much China is growing, including China. I don’t pay attention to all of these figures. They’re not important to me. They’re irrelevant. China is certainly doing better than most countries and it will continue to do so. It will have setbacks. There’s nothing that says China should not have a recession. But China has a lot of money saved for a rainy day and when it rains they’re going to spend. America doesn’t have any money saved for a rainy day. And when it rains we’re going to try to borrow it or print it, neither of which is good for America or for the world.


via - http://nextbigfuture.com/2014/04/jim-rogers-on-historic-rise-of-chinas.html


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Thursday, April 10, 2014

Nothing is constant

Not one country in existence today has had the same borders and government for as long as two hundred years. The world will continue changing.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Wednesday, April 9, 2014

Why Russia sanctions may hurt Europe, USA longer term

"If people are forcing you or forcing other people to buy from you, then, of course, your costs will go down, your quality will get better and it will only benefit Russia, but not benefit Europe or America."

"I think that’s one reason Europe and America are a little hesitant to do too much about the sanctions, because they know that they may lose more than they will gain."


Read more: http://voiceofrussia.com/2014_03_27/No-sanctions-will-hurt-Russia-more-than-people-imposing-them-financial-analyst-2389/


Tuesday, April 8, 2014

China would continue trading with Ukraine probably

"I mean, they [China] don’t want to be involved in a trade war. So, I don’t see why most Asian nations would cut off Ukraine or Russia, or anybody else. This is the fight Mr. Obama has picked and, perhaps, to some extent Mr. Putin. But I don’t know why China would stop trading with Ukraine, I don’t see that at all."

Read more: http://voiceofrussia.com/2014_03_27/No-sanctions-will-hurt-Russia-more-than-people-imposing-them-financial-analyst-2389/

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Monday, April 7, 2014

Obama making fool of himself over Russia-Ukraine

"I don’t see any sanctions strategy that they can use that will hurt Russia worse than it will hurt the people imposing those sanctions. You have many people who will trade with you – China, Iran, many of your neighbours. America cannot patrol all of those borders. You can get just about any products you need. Plus, some of the products that you sell, other people need them very-very badly, such as natural gas and some of the metals."

"I think Mr. Obama is making the fool of himself yet again. After all, Mr. Obama is the one who instigated the coup in Ukraine where there was an elected Government. Mr. Obama, his diplomats are recorded and we have recordings of them saying – we’ve got to do something about this Government. And then, when it went against him, he got angry. And I’m afraid he is going to shoot himself in the foot yet again."


Story via: www.voiceofrussia.com/2014_03_27/No-sanctions-will-hurt-Russia-more-than-people-imposing-them-financial-analyst-2389/


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Friday, April 4, 2014

War not good for assets but good for Commodities

"If we have a war, commodity prices will go up, but I expect things [Russia-Ukraine] to cool down"

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Thursday, April 3, 2014

Asia may benefit from Russia sanctions

Russia is being forced to look east and not necessarily because they want to, but because they have to.

If people are going to impose the sanctions and if you look to the east, you’d see who is out there, who may or may not trade with you. Not just North Korea, not just China, some other countries –Myanmar, Thailand, Vietnam certainly will, Indonesia certainly will. 

So, many people that don’t have problems with Russia these days, they will be happy to trade with Russia.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.