Monday, April 25, 2016

Emerging markets such as China, Myanmar will suffer small setbacks similar to what US experienced in its historic growth

Everything has setbacks. In America in the 19th century as we were rising to become the greatest country in the world we had a horrible civil war, 15 depressions, terrible human rights, massacres in the streets, we were a mess. And yet we did okay. If you bought the collapses in the US you came out way ahead. 

Look at China, they started opening up in 1978, and there have been plenty of bad things happening in China between then and now. 

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.