Monday, August 7, 2017

Policy mistakes could doom Japan's economy longer term

At the moment I own Japanese shares, I don't plan to own them in 20 years. Long term Japan has gigantic problems. And as we know it, it's not going to exist in 30 years. They have a declining population, they have no babies, they wont let immigrants come in and the debt is going higher and higher everyday. They are making terrible mistakes everyday.

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.