more on Jim Rogers at jimrogers.tk http
more on Jim Rogers at jimrogers.tk http
Tags: 2009, CNBC, CRISIS, currency, Rogers, SEPT, The Market
This entry was posted on February 7, 2010, 04:08 and is filed under The Market. You can follow any responses to this entry through RSS 2.0. You can leave a response, or trackback from your own site.
Developed by Benic Marketing
#1 by PeterSodhi on February 7, 2010 - 04:17
Quote
Jim Rogers, Peter Schiff, Ron Paul, Ludvig von Mises, Kondratieff, true heros and patriots and with an accurate understanding of the Economy. DEBT is the only word you need to understand.
#2 by bweazel on February 7, 2010 - 05:11
Quote
China’s bubble is about to pop.
#3 by trevormac77 on February 7, 2010 - 05:56
Quote
he believe his investment firm made 3 or 4 thousand percent gains in 10 years before he retired.
#4 by khanay on February 7, 2010 - 06:28
Quote
I am selling U.S dollar against Euro. If this guy is right, ill make money when the dollar goes bust…love currency markets. They bleed you to death but make you rich in a day.
#5 by stevesprinceofsteaks on February 7, 2010 - 06:54
Quote
He tells you the truth as much as anyone else in the financial area. He has been considered one of the top 5 or10 guys for over 35 years. He is a no BS type of guy. Always ahead of the crowd by 10 years or so. If you are looking for a day trader he is not your guy. If you are looking for what will be making money and what countries are in position to be sucessful he is. great student of history and has been around the world to all countries at least twice. really interesting guy. Bowties always
#6 by Lingerfoot on February 7, 2010 - 07:46
Quote
Does he tell the truth?
#7 by 00587649 on February 7, 2010 - 08:05
Quote
Pal,Japan IS a creditor nation,although it has a lot of internal debt problems.
#8 by timesplitters333 on February 7, 2010 - 09:05
Quote
so japan is not a creditor nation? Who has all the america assets and bills?
#9 by Tokyodreamz on February 7, 2010 - 09:27
Quote
“… Japan a creditor nation…”? What? Don’t make me laugh. That line is utter nonsense. It does hold a lot of US Treasuries, but how much of its own debt has it issued to try and buy its way out the 1990s recession? Didn’t work for Japan, won’t wok for the US or UK.
#10 by sugarpuddin88 on February 7, 2010 - 09:41
Quote
America is not the Engine of the global economy It doesnt produce
America is the Caboose of the global economy because it ONLY consumes & borrows
Despite a large decrease in exports, China’s GDP continues to rise – The reason is because now the Chinese have become consumers themselves!
#11 by sugarpuddin88 on February 7, 2010 - 09:41
Quote
AIG got 10 times more than Autoindustries; and sent most of it to Europeans!
Then spent over 400,000 for a weekend pedicure in Malibu!
AMERICA DOESN’T EVEN PRINT ITS OWN MONEY – Money is created by all banks in any amount they please, (from a practical standpoint, there is NO limit to fractional lending amounts)!
America is not the Engine of the global economy It doesnt produce
America is the Caboose of the global economy because it consumes & borrows
#12 by joepeeler34 on February 7, 2010 - 10:26
Quote
The problem areas came out of the areas that were already heavily regulated. If the free market had been allowed to set the interest rate instead of the regulators at the FED, the credit bubble would have never happend. We don’t have a free market in banking, interest rates or credit. These are all centrally planned through the FED.
#13 by Elbottoo on February 7, 2010 - 11:21
Quote
The male interviewer is a stupid baffoon. Yes, the trade deficit between China and the US might decrease in the future. But what he is not aware of is that were it not for the US government, there wouldnt be ANY deficit at all. People always blame the Chinese for not importing enough US goods.
Why would they want US junk that they can produce better and cheaper? What they WANT, is high tech US products, which the US government is blocking.
So the problem lies with you, not them.
#14 by stevesprinceofsteaks on February 7, 2010 - 11:55
Quote
Jim Rogers is one of the few who will tell you what he really thinks. And he is correct a lot more than almost anyone else.
#15 by mindcloudbeta on February 7, 2010 - 12:11
Quote
Thats what we all get. Its called being the “have nots”
#16 by mindcloudbeta on February 7, 2010 - 12:28
Quote
Jim Rogers is another voice of reason and sanity.
#17 by takforalt on February 7, 2010 - 12:34
Quote
While I think Rogers is better than most in talking about what is to come, he knows when everything crashes, he and people with tremendous wealth will be able to buy things on the cheap and become even more wealthy and powerful. You really have to question people who have all the money they could ever use go after more. Most people admire these people, I look at them as being some kind of sociopath.
#18 by takforalt on February 7, 2010 - 12:51
Quote
Yes, and people like Rogers know it and he goes on about stuff that is of secondary importance. For those who don’t know why we are talking about derivatives, look up people like Webster Tarpley, and the LaRouche organization.
#19 by craaaazycarl on February 7, 2010 - 13:20
Quote
tied to wut lmao all they do is lend us money to buy the products they make wut do they really need us for…………once our currency goes the way of the dodo the asian currencies will appreciate and the asian pacific regions will be able to consume some of their own output instead of sending it all over here
#20 by Lingerfoot on February 7, 2010 - 14:01
Quote
Please Explain about the global peak oil.
#21 by joel1923 on February 7, 2010 - 14:31
Quote
ypgiudo-u sound like the canadian version of CNBC. I think you’re far to oprimistic and unrealistic for your own good.
#22 by lindabebe835 on February 7, 2010 - 15:13
Quote
You are absolutely right about the derivatives. no one talks about his hardly. that is really what is gonna bring economies down around the world. gov’ts are ignoring the derivatives effects that are coming as a result of greed and irresponsibility. God help us all. All economies that are tied to u.s. will be effected, which i think pretty much the world.
#23 by yogiudo on February 7, 2010 - 16:03
Quote
Every country on earth is experiencing an economic downturn due to global peak oil.
It is true that Canada has been hit hard. But at the end of the day it means that we will simply export less. We have enough services, raw materials and manufacturing capacity to support our local consumption. I can’t say the same for USA, China, Japan, UK and basically every other country aside from Canada & Australia. Possibly Russia / Brazil.
#24 by bobjman on February 7, 2010 - 16:52
Quote
Your economy is overexposed to the US. It will be interesting to see if Canada can adjust to losing it’s #1 customer. Having said that, Canada’s situation is considerably better than that of the US. Good luck, I hope your country is preparing for the future, mine sure isn’t.
#25 by yogiudo on February 7, 2010 - 17:39
Quote
You think that your government is going to have self control and limit the amount of money they’re printing? They’re not. Never going to happen in a million years.
They’re all going to inflate. Probably the CAD and AUD as well, better to stay safe in _physical_ commodities. Not interested in worthless stocks priced in worthless paper dollars anymore. Paper promises that are constantly being inflated away.
Good luck w/ that.
There is too many reasons why raw material prices will stay high.