Jim Rogers welcome to the Century of China !!!!!!!!

[manoman0]

I only agree partially on his comment about learning chinese. It won't become a dominant language in trade, at least not on a worldwide scale as english. It's simply too complicated to spread over the world - and the chinese are learning english like hell.

[manoman0]

Jim Rogers understands the Chinese, he's right.

[Prfactist]

We can't trust China with that sort of power. They are a nation who abuses the human and civil rights of their own citizens and don't care who they offend. The communist party clings to control by any means necessary. While they may not be 'communist', they practice state capitalism which basically means the state gives their businesses a line of credit which allows them to compete on a level that private industry in the west just can't handle.

[manoman0]

@Prfactist You're right, but you must differentiate between government and people.

[manoman0]

@Prfactist ...but I also agree on you about China gaining more power. What I think, that once they will have influence you can be sure, they won't be so moderate as "the west". In this sense, I do prefer the US is the superpower....anything else will definetly not be of advantage.

[Kroket96]

@Prfactist As Napoleon said, there's a slept dragon in China, and now is waking up.

And please don't compare China (1.300.000.000 people) with US (300.000.000 people), they make mistakes, yes, but not worse than Occident, and there are 400.000.000 living as well or better than europeans, in 30 years CHina was grown up a lot and people there is making a giant effort to grow up and live as well as we, the hypocrite Occident. (with CIA and all that shit...)

[borderlord]

Mus ma' Profffiiit....Mus ma' profeeeet!!!

[baigandine]

I don't think Chinese is going to become a dominant language though. It is too different from the IndoEuropean languages most of the world's elite countries speak. The Chinese will still be learning English for quite awhile.

[baigandine]

Everybody thought it was cute when China first started experimenting with "free market zones." We thought they were finally getting out of the Stone Ages. And look at them now! Yes, the free market works.

[chinaownseverything]

i love this guy. despite hes american hes actually honest!!!!!!!!!!!!

[TheHitez]

@chinaownseverything americans can't be honest?

all of my friends are honest americans.

fuck you.

[mezonesxbox]

where is part two?? Thanks Jim, Great Video.

[321lawc]

Awesome, I love China. Finally a secular country with balls.

[andyhwang2009]

China will be democratic country in 2020 because of Chinese middle class. China GDP is 3rd largest in the world now. China will surpass USA in 2025 in GDP. China foreign Reserve has 2 Trillions . US has national debt 1 Trillion now. You should think twice again. China car market surpassed USA now ( 13 millions Chinese buy cars in 2009 but 10 millions American buy car 2009 ) . US power decline in 21st century.

[warriorprince1010]

Jim is the guy who tried to create a rush on the Dollar and Pound.

[TheWisemonkey8]

具有中国特色的社会主义 - It could be wonderful.

[warriorprince1010]

China average wage is $3000 it would take 30 years of 10% growth to get to what the UK, France, USA have today.

[truthislibertyus]

awesome video. Rogers 4 president!

[andyhwang2009]

@truthislibertyus

China will be democratic country in 2020 because of Chinese middle class. China GDP is 3rd largest in the world now. China will surpass USA in 2025 in GDP. China foreign Reserve has 2 Trillions . US has national debt 1 Trillion now. You should think twice again. China car market surpassed USA now ( 13 millions Chinese buy cars in 2009 but 10 millions American buy car 2009 ) . US power decline in 21st century.

[truenorthcorn]

eslgurucalif is an esl teacher. he's nobody.

[Anglinmayne]

My fellow Americans, this man just basically said "Me and my business partners just sold our country to the chinese."

[Anglinmayne]

Look at this guy basically advertising our country at the end of the video

[Esoparagon]

I think I'll learn Chinese...

[locustsymphony]

well... the people who treat the chinese worst are the chinese themselves. There really is a divide there, and cruelty to their fellow man.

[sharpspirit]

Straight to the point. You are absolutely right. Not sure how long you lives in China but you are 100% right.

[locustsymphony]

No one will want to fight when the Chinese take over. I just hope they'll be merciful overlords.

[TheWisemonkey8]

Hmmm.... history tells us: pragmatic, considered, planned, intelligent, strong, uncompromising and ruthless (if need be). Kind regards,

[sharpspirit]

Anything but merciful.

[Rocketeer1001]

Right, and these are the same people who've thought their country was the center of the world...

[Elbottoo]

It is pure hate that drives these people. I see it every other thread about China.

They all whine and complain about how bad China is. And that China will never be superpower because of some (insignificant) issue or that the US will always be on top.

Other will say that US and China will go down together because US will never let China get it (why the hell not, topspot isnt yours to give, it is earned).

The haters just cant except the fact that China is the future

[Rocketeer1001]

"just cant except the fact that China is the future."

You are right. Nope, it can't be. Not when the EU, North America, possible India and Oceania are looking at China and asking themselves, "What the fuck are they still doing worshipping communism?"

[Elbottoo]

rightttt....another dumbass faggot who doesnt know what he is talking about.

India and Oceania...is that why they are joining China, Japan and Korea to form the Asian Union.

Suck it.

[Xenthoid]

@Rocketeer1001 still worshiping communism...

yeah despite acting quite capitalistic in a last few decades

[applepiebeyond]

I think is true

I believe Jim Rogers

[andyhwang2009]

@applepiebeyond

right. he said  the truth.

[Lingerfoot]

What about what Jim Chanos says about China?

[jcs1978]

I don't believe Jim Rogers ever invest in China's Shanghai stock market despite he likes China so much.

[ExquisiteDoom]

He keeps saying he invests in agriculture i nsmaller cities. Or something like that. See his videos.

[cuihao]

I assure Jim Rogers NEVER invested in Shanghai, buz he cannot..literally, our government forbids foreign investment in our stock market......:)

[snakecharmer133]

The investments are made by companies that are co-owned by a chineese and a foregin investor.

[sharpspirit]

cuihao, I live in Beijing, I am a foreigner and I own Chinese shares, B shares that is, in Shanghai. What are you talking about?

[Drexel2008]

You can buy stocks on the Hang Seng and TSE etc that do 90% + of their sales in China. He's saying this is how you can buy China if want to do it through stocks.

[bxwww]

Great presentation! a wise man.

[copycat0070]

And do lie about your details by pretending to be someone else! I can get some basic information of you from your profile.

[copycat0070]

So...eslgurucalif....what is the name of this "top" chinese business school that you teach? Mind if you tell me it's name and your details? Sounds like you are pulling um...stuff out of your rear.

[toybandit]

How many holidays am i going to get VS. How many days can I come in to work. That is a good one there....

[ronpaulflash]

he is absolutely right.

[eslgurucalif]

He's wrong about Chinese being so smart. I've lived here for several years, and I've never seen such a lack of independent, creative, or critical thinking skills in my life--and I've taught at China's top business school.

[DiversityRecession1]

scary. and all because we imploded.

[30percentplusreturns]

America pumps out iphones, google, the best tractors, best bulldozers, best movies, and even the best porn movies!!! The only things ive seen that china has pumped out are terribly made products that are sold at walmart and target. Have you seen a great chinese movie lately or has the academy awards produced some amazing chinese actor?? I dont think so. Rogers commodity thesis is totally right but his china thesis is a flop! China is a disaster waiting to happen. Just go breathe the air. I know

[IkkenhisatsuAUT]

hahahaha ... and do you think that an Iphone is produced in America??? I see you are a fucking ignorant American! But we will see where America will end!!! :-D

[eslgurucalif]

Ignorant Americans? LOL. I teach in your best university in China and these students (a) cheat and plagiarize constantly (b) cannot come up with an original opinion on anything (c) are lazy (d) will never be able to innovate, which is, incidentally, China's second biggest problem after its lack of good managers. Why are these managers so weak? Because they are these very same students a few years later on the job! IPHONE was INVENTED in America, and that is the big difference.

[felicity5150]

Your students sound like Americans. Chinese have better work ethic. They don't need to innovate. They let others do the hard part then copy the ideas and get rich off of it by using cheap labor and undercutting their competition. Sounds smart to me.

[eslgurucalif]

Felicity--Trust me, I live and work in China. I have taught at a major US university and a major one in China. I doubt you have that perspective.  Every expat I've met here in 4 years, whether from Europe or the USA, cannot believe the rampant corruption, lack of independing thinking skills, and laziness that exists among the under-35 generation. The only-child generation. Please no disrespectful comments back.

[felicity5150]

Universities and academia in general are slave indoctrination centers and do not reflect future leaders, just future workers. The wealthiest people don't know how to do trig, they know how to hire people to do that. They also don't need to know how to invent. They hire people for that or steal ideas. I'm not disagreeing with your assessment of Chinese, but they certainly are shrewd businessmen just like the Jews.

[eslgurucalif]

Have you attended a university? Every leader in the free world studied at one. And thank God for our Jewish friends, whose disproportionate genius has helped advance our medicine, science, technology, culture, and who are responsible for 25% of the charity given in the US today. A Jewish man saved my life 6 years ago--and no I'm not talking about Jesus.

[felicity5150]

"Have you attended a university?" - No, I only formed my opinion out of thin air... Of course I did and graduated too. But I never used my degree and never will. The money and time would have been better spent learning how to recognize and take advantage of opportunity. That's how to attain wealth. Also to learn how to farm and self-sustain. That is the ultimate wealth.

[lingwitt]

"thank God for our Jewish friends, whose disproportionate genius has helped advance our medicine, science, technology, culture"

Most of the Jewish geniuses are German Jews; it is much more likely that their German heritage played a larger role in their genius than their Jewishness, especially since they almost all became humanists living at a distance from their Jewish culture.

Also, I'm not sure I'd count genital mutilation as an advancement in culture.

[IkkenhisatsuAUT]

And I am from Europe!

Maybe the IPHONE was invented in America, but it is produced in China .. and producing is the only way out of it. I have my own company .. my product was INVENTED in Europe, it will be PRODUCED in Europe and will be SOLD all over the world. That is how I will be sure that my business environment, cultural environment, private environment will benefit from it. I`m not for China I`m laughing at America that will go under because of its ignorance, arrogance and incompetence!

[quake99]

i don't believe you. quit lying and generalizing the chinese population as uncreative and lazy. you don't teach anything, you liar.

seems like you are a racist westerner thinking chinese are inferior.

let's just wait the next 20 years and see who is the dominant economic power.

[judge1108]

Well, I should agree with u about the bad behavior among chinese university students. That's really ugly, but not as common as u said. And they are the same students getting most PhD degrees in the US. The education system turns most chinese students only care about score, but once they get into another system, e.g. US universities, or real econimic society, they will change. Anyway, thx for sharing your experience teaching in China.

[ronpaulflash]

you are wrong.

[toybandit]

You pay for what you get buddy. Iphones are made in China too. In fact, China bought out IBM and they still trying to buy out many others.

[30percentplusreturns]

I agree with everything jim rogers says, except his china thesis. China will never overtake America. They said the same thing about Japan and look what happend to japan. America will always be great and china can too, but i dont think a country can prosper when you have child limits and you hate foreigners entering your country. Rogers is wrong

[ednan9]

prove us that you are right...go short china...if you right, you will make money...or else you will lose your shirt.

[hc167]

come on, china is different from japan. US used plaza accord to steal the wealth from japan back in 1986 to 1996. China learn the lesson, that is why the value of RMB is not going up.

[bvonmoss]

How in the world can China be blessed and take a leadership role, when they kick all the Christians out of their country? Unless we are saying that perhaps the current leadership will be gone soon. I am also a white American guy living in Asia. I agree with many things about the US, but that does not mean I'm running to China. Even now I'm dealing with yet another bad Chinese EBay vendor. They do not care about making good service. The food is perhaps the lowest quality making me sick often.true

[Mastinox803]

is there a video with better sound?

[hummarstra]

Great 10 mins of video. Thanks for posting!

[sinitskyd]

wo hwei jiang guo yiu! yeah!

[jfsimard79]

I hope Jim Rogers was smart enough to figure out that if U.S. goes down, who the hell does China sell their shit to? Well it's true that at least they will be a producing country.

[gan0729]

to themselves and other developing countries.

[photoshopdepth]

others.

[LenovoFightsPoverty]

This video is 3 years old.

[mconder]

That's what's amazing about it.

[cpgone]

China will tank with the US and all other fiat currency crowd.

Buy gold.

[aquafishsoup]

yeah right gold is good for beating the shit out of someone for their bread when the government steals your guns

[dakusahab]

economics is not a science it is a tool of control and manipulation. China, just like any intelligent person can figure out the rules of the game and play. Thats how evil capitalists get poor countries to pay for water that is already theirs and that is readily available in return for supremely more valuable resources and minerals.

[eyewitness043]

Exactly. Economics isn't like building a house our installing a tile floor.

Vulture Capitolism ensures diamonds make millions while Africans starve every day.

Who capitolizes at what expense?

[dakusahab]

Both previous centuries had increasing energy use, now we wont have that luxury hence china will not be the next great power. In fact no country will be. Governments of big countries e.g. russia, china, india, U.S will collapse and smaller city states will rule. By the way i think the reason jim thinks china will be the next power is because they will be the best manipulators of economics, as were the fucking british and american bankers who stole the riches of the world.

[dakusahab]

too bad he's JUST an economist and thinks only in monetary terms whose value is always changing, and not an educated intellectual. If he was he would know that money is the not the most fundamental principle governing society but rather ENERGY. Hence increasing progress and energy consumption are proportional. NOW we have reached a LIMIT, and within a decade massive de-globalisation will occur that that fuck up china bad. this is not the 19th or 20th century but 21st, the rules have changed.

[PestControl02]

I hate that Jim's right.

our bailout government is too bloated and too stupid to actually fix this.

such a sad slap in the face to future American generations. may God forgive us.

[drakflyga]

dear mr Jimrogerschannel, i ilke your videos but please don't use "!!!!!!" after each video.

[cavalucho]

He is so wrong.

[gauharjk]

I can hardly hear anything

[lizadfuel]

Mr. Rodgers is RIGHT!

[linux23dragon2008]

Good history information about bonds and china opportunity here. Nice :)

Wise advise about the banks too.

[Ecothearcy]

what a joke. china has the worst demographic problem on earth , their people r dirt poor and uneducated except for a tinly elite most of whom want to move to new york or san fran or . "They say how many days can I work", because they r starging and eating human remains in some provinces. its a big lie just like his gold bs. he is a paid liar probably cia run by other liars in london paying schiff.

[linux23dragon2008]

Have you seen the developments over in China?

Citys are been rebuilt. The people are now driving cars. Russia is now to trade oil with them.

I've seen a lot of rich Chinese come over to Australia to study at University's.

And a question for you. Are you rich? Have you made as much money as Jim Rogers? Do you have as much experience as Jim Rogers?

Can you tell me why many people have made so much money on Gold and Silver right now?

[Ecothearcy]

I visited shanghai a couple years ago. was in a fancy hotel. the waterfront was beautiful. except at night, the city was black 2 blocks from there everywhere in the city. Imagine 2 blocks from park avenue in new york people in their pajamas seitting sleepomg in the street cus no ac or electricity. Its demographic problem is immense, its about to go bust like gold. Buying gold is like flipping condos. it works for a while. until they pull the plug.

[Krampfarsch]

ecothearcy, i dont know much about china, but what you are telling sounds more like america.

dont mix it up!

[TheFlex21]

hey what version of Chinese is more profitable?

[chews4life]

thanks for posting