Tuesday, March 25, 2014

Jim Rogers: Creditors vs Debtors

"There is huge artificiality in the world, some of it its in Asia but its everywhere. And when that artificial sea of liquidity starts drying up, everybody is going to suffer including Asia. But I would rather be with the creditors and the dynamic people on the rise than with the debtors at a time like that."

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.