Jim Rogers about FED and "A Bull in China" 2007.12.03

[davepamn]

I want higher interest rates, a stronger dollar, less debt, and sound dollar policy. Band aid fiscal policy is madness.

[davepamn]

@davepamn the bond market has be drop eventually. Short on bonds. Bond price appreciation is not going to last.

[davepamn]

Don't get you investment information from the government, you will go broke.

[Chrisnoscrub047]

listen to his positions on Fannie Mae and Freddy mac back in their hayday. geeze, this guy gets it on the money everytime.

[Chrisnoscrub047]

Does anyone know which interview the reporter and Jim Rogers were referring to in the first minute of this video? Does anyone have a link?

[xmei88]

Why invested in B share in China while you can get China share in discount in Hongkong ?

[zeropointpower]

If only I copied exactly what he shorted when I first watched this video. Hindsight 20/20.

[YTfcuk]

she's hot, he's smart and rich. would be a nice couple.

[sageunr]

Let's stop killing world all of you.

New New World Order　国際連盟ＳＡＧＥテーマソング「ピース・オブ・ザ・ワールド」♪ KAZUKI&SIZUKU ♪ United Nations SAGE Theme Song「Peace of the World」・(KAZUKI)2009年 国連ユネスコ世界遺産音楽祭エグゼグティブプロデューサー

ASIA政治経済協力機構 代表中井天山

[beeb1421]

you could have invested with bernie madoff or listen to jim rogers,

Either way, you end up BROKE!

betty liu is up ther with kiran chetry for hotness.

[ThePTSDChannel]

She's still nice looking

[svenp]

She is reeally nice looking.

[ThePTSDChannel]

Yes she is

[asbte]

by the way easy for jim to say lets have a recssion he has a nice cushion.

1.was this guy born with a silver spoon in his mouth?

2. Does he have asian fever? Is it clouding his investment views. When Betty says "hot industries" he crumbles. lol!

3. whats the best bio book on him.

[asbte]

betty L, lol how can you take a broad like this seriously? She couldn't even say inject liquidity with out smiling.

[bman462]

oh ya, she's just a hooker that gets paid to talk; she's not at all smart or charming.

[jamessmedley82]

You're talking about your Mama,right?

[bman462]

nilf

[Simgor]

I'll admit this on the spot. I know next to nothing about the stuff they discuss on Bloomberg, but I tend to watch it when Betty Liu is on. She's as intelligent and charming as she is beautiful and sexy.

[davidkim1988]

damn i would bang betty neday

[tohtiengchiah]

i'll put my moolah inside betty any time

[lustdog]

Very extreme ideas, but what can i say. He's proved right. What happend in the last 6 months? Dollar tanked, inflation soared, mkt tanked despite effert from fed, economy is in deep shit. If fed did raise rate, or at least kept where it was, the fin sector would be pennyless, but the economy would be in better shape, which inturn would benefit the mkr at large. Who knows, maybe his solution would've been a better one.

[danger0usknowledge]

I'm glad that Ron Paul is telling the truth

but he can afford to tell the truth because he knows he'll never get to Casa Blanca. I wonder if Rogers shows up on Faux News anymore? They didn't appreciate him too much over there

after they got him. Always talking about

declining dollars & other inconveniences.

[peaceJZ07]

I trust more of what this guy says than what the Fed says. This guy is an extremist but i am afraid that i agree with all the things that he says. He is like the Howard Zinn of history, he tells the truth and the truth is too harsh. Fox news probably agree with him but they don't want him on because they are afraid that his comments will turn off many ignorant people who can't handle the truth.

[danger0usknowledge]

I agree but i don't think of him as

extremist. He is moving to Asia because he wants to be where the action is and that is where it is. Extremist? He is one of many millions who speak languages, travel and invest. People like Bush are extreme-never traveled except across the border to Mexico, has no curiosity, no adventure, doesn't know

what he doesn't know and could care less.

We put him in office and he got to see the

world on our dime and we are paying for

more than his airfare.

[danger0usknowledge]

Rogers and Cramer are very much needed in a time when journalists are so easily pushed around and in a time when the ray-publicans are doing almost as much pushing as they did in the 1950's...which led to something called the 1960's. Lets see if the same thing happens to a lesser degree this time. Journalists were always easy to push around because they have families and, hopefully, non-subprime mortgages to support. What we need are more rich reporters like Cramer and fewer like Hannity.

[amsd1231]

I really don't mind you liking Cramer but please never ever put that clown in the same context as Jim Rogers.

[glassvision]

I'm shorting Fannie Mae and Citi too. Jim, you're my buddy.

[garyowen4ever]

when a good ol country boy like jim rogers leaves the usa for south east asia,,,,,,,it sez to me split for canada or australia or poland,,,,,,,,,,,this country is in the toliet for half of its people while the other half got their hand on the flusher you chumps!

[SolitonPL]

Jim rocks!

[thomasw78]

"What do you think Bernanke should be doing?"

"Bernanke should abolish the Federal Reserve and resign."

HAHAHAHAHA

[iamchenguo]

chinese company's PE ratio, average 50？NOW THEY ARE AVERAGER 40. KNOW WHAT THEIR GROWTH RATE? 30% TO 200%! THEY ARE DIFFERENT FROM US FORTUNE 500 THEY ARE FAST GROWING

[bg24955]

i met Bernanke at Wharton U Penn. believe me he is a smart dude. check chinese company's PE ratio, average 50, big bubble! but i'm long on chinese solar stocks (ADRs).

[Sepero1]

In my life I've come to realize that, just because a person is smart, that doesn't always mean they are going to make smart decisions.

Alan Greenspan who is mostly at fault for creating this situation. Ben is only prolonging it.

I suspect you'll do well on your investments. ;)

[bg24955]

all chinese ADRs stocks went down as i correctly predicted a month ago. check PTR, CHL,BIDU etc.

Name one chinese stock did well last month!!

i hope you do well on your investment.

[Sepero1]

You seem like a more experienced investor than me. I'm just investing in simple gold.

[amsd1231]

Oh wow so the famous Wharton School teaches their students "Stock market=Economy" bull crap? You must realize that the Chinese gov increased reserve requirements several times to cool down the incipient bubble, which they succeeded in doing so. Their GDP on the other hand grew 9%, and 10% last year. Their fixed assets(bridge, port, roads) double every 2 years. Thier FCR is over $1trillion. No wonder this legendary investor si bullish on China.

[glassvision]

Don't forget what short term and long term mean? Wharton? Lol, who has been teaching there? Example Jerremy Siegel, dumbest ever seen. There's enough liquidity already long ago, that's called inflation. Just look at food price from Aug.2007 to Dec. 2007. What is it?

[olamapsa]

She is so dumb it hurts my ears

[hqlion]

Imagine Jim Rogers, Marc Faber, Peter Schiff and the doctor Ron Paul, together doing a multi part economic class for tv. They would make learning economics interesting for the masses.

[sh200kr]

and tearing apart Alan Greenspan and the Fed.

it would be really fun!

[MEXBOL]

I would add mark faber

[BIowback]

Jim Rogers owns

Second only to Ron Paul

With Peter Schiff coming in third

[sh200kr]

three are the truth teller!

[MEXBOL]

because the Chinese themselves will start buying the products they produce ?

what do you think will happen to Mexico in all this ?

[MEXBOL]

but if China cannot sell, as it has less customers,how can it rise ?

[MEXBOL]

so the usd goes down the toilet,imports become more expensive and chinese exports to the us slow. what happens then to china?

[sh200kr]

Global recession.

Then, China will rise, not U.S.

Reason: U.S. is the debtor and China is the creditor.

Disagree?

[juxblaze]

China will slow if the U.S ceases being its customer.

[jsyn1230]

yeah and then they'll readjust and accelerate again. so the US model is bound to fail and China model is gonna prevail

[juxblaze]

Then the U.S will make its own clothes and not buy it from China.  Remember, the U.S sells cotton to China.

[LubahnD]

Ron Paul is in the key words because Rogers quoted Bernanke saying that the exchange rate with China does not matter unless you are buying things from China.

Ron Paul asked Bernanke the question where Bernanke gave the flakey answer: "What does it mean if the value of the dollar is falling?" The Federal Reserve is lead by a man ignorant of economics. Read Alan Greenspan's new book, "Age of Turbulence". Rogers idea to abolish the Federal Reserve and the Central bank are pure Ron Paul!

[SolitonPL]

Becauze they both rely on Austrian Economics School. Peter Schiff also ... this the real reason! And were tought some crapy economics, which is in reallity more like socialism than real capitalism. Viva Ron Paul!

Europe for Ron Paul! Hopefully we will also abolish ECB. Damn Rothchilds!

[bo0jah]

keep spamming :)

[gsuitter]

The Feds printing press will inflate the currency, dollar goes down. China shifts out of dollars, dollar drops some more. We need a sound currency!

What will your presidential candidate do to stabilize the dollar? Do you know? Does he or she know? Do you care? Do they care? Important questions.

[fairtaxPresident2008]

shut down the FED. Sounds familiar

[peacespeech]

please, stop spamming

[DMisigoy]

No offense there friend, but you did put Ron Paul in the tags for the video.

[ratava911]

why did you put ron paul on the tags then????

[peacespeech]

Because Jim Rogers said (check "my" other video with him) that "Ron Paul is the only one politician I see in public that has any clue what's going on" and the idea of abolishing the FED isn't crazy as it seems.