Monday, August 25, 2014

Russia going to be a major financial center in world

Mr. Putin says he wants to have Moscow a major financial center. I’m astonished. I’ve never thought of Moscow as a potential financial center, but I do know, Moscow is going to spend a lot of money and time and energy, trying to develop itself as a major financial center. And just by trying they are going to make Moscow more attractive. 
Mr Putin of Russia

Whether it works or not in 10-15 years? I don’t know, but in the meantime, a lot of money and effort is going into trying to make it a financial center.

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.