Market could continue rally for a while

I cannot see a crash anytime soon. I can see corrections, I can see the markets going down a bit and for a while, but with all the money printing everywhere in the world, and with no spending constraints by Congress, this could go on for a while.

We are all going down eventually with the kicked can

The way the system works is when you fail, you fail, and you start over. In America we dont do that anymore and we are kicking the can kicking down the road. And when the can goes over the side, we're all going to go with it. 

I'm Extremely happy in Singapore: Rogers

Singapore is certainly a very developed country, its an astonishing success story over the past 40 years. 

Singapore 

Everything works, Its got great healthcare, great education, I'm extremely happy living in Singapore, my kids love it, my wife loves it. We're keen on Singapore.

-Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven

How the world economies have worked for thousands of years...

Its pretty simple. The way the world has worked for a few thousand years, is when people get into trouble, they fail. Confident people come along, re-organize the assets and start over. 

In America and the west, what they've said was no no, we are going to let the incompetent people take over the assets from the competent people and let them compete with the competent people with their assets. This is not good. The Japanese tried this in the early 90's and the Japanese had two lost decades. Its not going to work. In Scananavia in the early 90's, they let people go bankrupt, they had a horrible two or three years but since they have grown dramatically over the past 15 or 20 years.

Amazing thing happened in China recently

What happened in China the other week was very important. Its amazing, the Chinese are becoming more and more capitalist. It was very interesting they said the markets would be the final arbitrator, not the bureaucrats, not the government. In America its exactly the opposite, the Government says you don't decide we will do it, look at Obama Care, the government says we will figure out the solution. 

China

In China they say we will let the free open market decide. I would more prefer the Chinese open markets than where the government dictates everything.

Jim Rogers: I dont understand bitcoin

I'm sorry, I don't understand Bitcoin. I never really tried to get into it or figure it out. 

Every time somebody brings it up, I lose interest before it goes very far.