Thursday, January 21, 2016

Global Markets: "I Am Worried About The World"

I am worried about the world in 2016 and in 2017. You have to remember, Japan which is the third largest economy in the world is in recession, officially in a recession, and many parts of Europe as you well know, there is a disaster going on in Europe.

The world economy is suffering in a lot of places and for people to blame all this on China... China is a victim more than a cause going forward. The real cause of course is the American central bank and the American government running up debt but China is a victim like everybody else.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.