Jim Rogers discusses the crisis in the markets and why China's rise is inevitable
SBTV speaks with Jim Rogers, veteran investor and author, about the crisis in the markets and why China's rise is inevitable and unsurprising given the decline of the U.S. over the last few decades.
Discussed in this interview:01:27 Crisis in overextended financial markets04:00 Central banks clueless to woes in global economy07:32 Companies with the most votes will be bailed out first12:11 Impact of cheap oil on the U.S.16:09 Rise of China eclipsing the U.S. as next superpower21:25 Gold and silver to become a bubble in the next economic collapse25:51 Choosing to settle down in Singapore27:21 Deflation first before inflation
Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has served as a professor at Columbia University, started his own commodity index and is a frequent media commentator worldwide. Rogers has also authored six books. He currently lives in Singapore with his family. Jim has authored a half dozen books, including: Investment Biker: Around the World with Jim Rogers (NYTimes Bestseller)
