Comments Off on Jim Rogers: China and Europe Distancing Themselves from US Recovery Plans
Read by 40 people
Jim Rogers appears on Fox Business on March 25, 2009 to talk about the USA and how the rest of the world views our stimulus and bailouts, and what we could expect from the rest of the world in the future.
China is the largest creditor nation in the world. The United States is the largest debtor nation in the world. China’s going to be less affected by the downturn. They will be affected. Some parts of their economy are not even going to be affected. They’re going to come out of this very strong.
After the next re-collapse of the market, taking a closer look at China might be a good idea. Perhaps one could score some serious deals for cheap before a China/Asian recovery gets under way in a year or two. The US, however, may have some serious issues for many years to come.
The Europeans and Germany are saying America is making mistakes. China is saying America is making mistakes. Many other countries are saying America is making mistakes. Who’s following our lead? The Europeans, except the English, are saying don’t do it that way.
The rest of the world may be starting to realize that we don’t know what we’re doing here in the USA and many will stop trying to ‘fix’ the problem the way we are trying here in the States. The world may have looked at America for answers, but when our markets correct again in the near future, many will see that we may be in an unfixable situation.
Watch Jim Rogers on Fox Business March 25, 2009 (Part 1 of 2):
Watch Jim Rogers on Fox Business March 25, 2009 (Part 2 of 2):
Click here to subscribe: Join over one million monthly readers and receive breaking news, strategies, ideas and commentary.
Please Spread The Word And Share This Post
Mac Slavo Views:
Read by 40 people Date: March 27th, 2009 Website:www.SHTFplan.com
Copyright Information: Copyright SHTFplan and Mac Slavo. This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.shtfplan.com. Please contact us for permission to reproduce this content in other media formats.
The content on this site is provided as general information only. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a financial interest in any company or advertiser referenced. Any action taken as a result of information, analysis, or advertisement on this site is ultimately the responsibility of the reader.
SHTFplan is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.