Jim Rogers Analyzing the Financial Armageddon pt 3/3

[VERGIS92]

The traders in the city of London will be driving pizza delivering motorbikes soon

[oceanstarspv]

In Asia, there are more creditors; in America, there are more debtors. No paper money you can trust; Commodity-gold, silver, copper and agriculture index and real asset is the place to be! Gold and silver prices are high, but it will be very smart to buy some coins when they're in the correction stage!!

[DiggingNorway]

hahahah I cant believe this journalist... so so so so what what you are are saying is is is that economics affects politcs???!?!?! My god... politics is about economics and nothing else!

[TaikaProtagonist]

@DiggingNorway

lol. I wasn´t sure which I wanted more; to kill he journalist or laugh at him. My feelings altered troughout all 3 parts of the inverview. Maybe if I have a change I´d first kill, then laugh. Or laugh while killing...anyway, he is either very stupid, has an agenda that doesn´t like public to know about the truth, or is in complete denial. Probably all three.

[hlimkb]

what does the us do best?

weapons industries,

export it to china,help china get a man on the moon,

the dollar will rise i have no doubt.

are there side effect? perhaps

[Nyquirk]

@hlimkb Will the chinese remember all of the assets we were able to provide them in their trip to the top? or will they remember the 50 years of exploitation while we lived high on the hog?? Really. I'm not sure. If the chinese gov commits such huge atrocities against it's own people I worry how they will treat f*king round eye.

[hlimkb]

@Nyquirk

u are talking about the side effect ?

the pupil surpassing the master kind of stuff like imperial japan dominating asia in the 1940s,

[Nyquirk]

@hlimkb I believe China has surpassed the US we simply haven't seen the full effects. As it becomes more apparent will the Chinese flex their leverage for the betterment of all nations or plunge the US into one big industrial park? Take all of the trees from the green spaces, hunt and eat our endangered species, pay dismally for us to provide products to them. Will the products that are so widely enjoyed by US be diverted to asian markets where the buyers offer cash instead of broken credit?

[Nyquirk]

@hlimkb I believe China has surpassed the US we simply haven't seen the full effects. As it becomes more apparent will the Chinese flex their leverage for the betterment of all nations or plunge the US into one big industrial park? Take all of the trees from the green spaces, hunt and eat our endangered species, pay dismally for us to provide products to them. Will the products that are so widely enjoyed by US be diverted to asian markets where the buyers offer cash instead of broken credit?

[iviewutoob]

That's it! I'm moving to China.

[frugalite]

This interviewer could definitely use a farming degree (I don't like putting people down but he seems like a naive fellow).

[benzo771]

The American gov't knows what's coming, They are tryng to downplay it to all masses, while we sit at home at night eating our bonbons and watching realty tv and american idol. The wake-up call is coming to us all soon enough, kiss your ass goodbye.

[Dandaniels1978]

If I were you I would learn to grow, build or save something. Quickly

[panleh75]

LOL....lets end on a good note " GET A TRACTOR!!!"...ha ha ha, that always cracks me up.....CNBC will be an Agricultural channel!!!!!!

[panleh75]

Damn it, it is very worrying that there arent many wise people around like jim rogers.

[zinkerled]

Sure there are, they're in Asia. Even the smart Americans are going to Asia. Smart people never stick around to help the stupid people who didn't listen to them. Nor should they.

[mmeister7]

Farmers won't be rich....landowners and factory farming companies will. Historically farmers have never been rich becuase there were always too many of them competing in perfectly competitve markets to have political power. Invest in big macs while you can!!

[samo818x510]

very honest jim, but the US will prevail!

[kendow11]

wow jim rogers is one thinking dude. he's just schooling the interviewer with deep knowledge.

[trailblazer76]

Unbelievable. Right after Jim Rogers repeats himself 10 times that debasing a currency has never worked in history, the reporter asks him, "Well the Bank of England announced they will begin quantitative easing (the central bank will buy gilts, their treasuries). This is good right? That will help right?"

Unreal. Out of his skull. How thick can he be?

[Dandaniels1978]

He is playing devils advocate you idiot

[trailblazer76]

Well, idiot, we're entering a depression. We don't have time to play "Devil's Advocate" as you say, you idiot. England is on the brink of collapse, you idiot, and he's playing "devils advocate"? The media needs to grow up and talk serious economics, you idiot, but they can't because they've been covering lindsey lohan for the last ten years. They got caught with their pants down and are incapable of discussing serious issues, you idiot. They know their audience is starving idiots like you.

[Dandaniels1978]

Typical thick as fuck trailblazing American! The reporter knows full well that we are entering a depression. He's playing devils advocate with Jim to help silence the critics out there who are in flat denial. A great interview. He is not bias but asking questions the idiots out there would be thinking. As it happens I have no position in the UK either nor the US. I made my money and have no debt so trust me pal it is you who will be eating out of a trash can cock sucker. The USof thick fuck A!

[trailblazer76]

If you were truly wealthy my comment about the interviewer would not upset you so much and you wouldn't have time to insult people on a message board. Seems you've got your panties in a bundle over bothying. I stand by my original statement. After Jim Rogers repeats himself ten times that printing money never works, only an idiot like you would ask an eleventh time if it will work in England. Crawl back in your hole and accept the fact that the interviewer is an idiot, much like you.

[jacobscs]

That;s what the consumers wants, it reflects the mentality of the country at large.

[0urGaia]

Old MacDonald will be rich soon

[Dandaniels1978]

What a fantastic interview based on truth reason and logic.

A big thankyou to Jim Rogers for telling us what we all know to be true, maybe its time we made our politicians tell the truth

[Ntone606]

Nothing new from Jim, but always good to hear from him. The interviewer was way too boring and asking incredibly basic questions.

[30percentplusreturns]

So right about JFK airport. The US is a third world country. I live in NYC and the place is absolutely gross now. JFK is gross. New York is gross. I have to get out of this place fast. Its terrible!

[phxfreddy]

Obama is out of his depth and is a tyrant and a lout for exploiting the present crisis for purposes of his schemes.

[phxfreddy]

he can't get traffic for his website by content so he uses a gimmic. That is an admission of defeat.

[pismo10]

Boy that poor interviewer, he just can't keep up.

[Mojo1982]

True Faisal Islam the interviewer is out of his depth, so is the entire mainstream media! Jim Rogers is a legend he tells the truth.

[PSmithFortyTwo]

But he is one of the best interviewers on Jim Rogers videos.

There was a young FT guy who looked and sounded like a rabbit about to get his head cut off.

The network hosts are mostly pretty faces. Their questions make no sense (to a non-finance non-investment listener).

This man's questions make sense. Which is an improvement.

[pathologyex]

Do you really have to put that red thing over his face it's distracting.

[Geilheid]

click bottom right button

[mrdavidlopan]

whats with the red speech bubble.... we can do without that shit

[darealcase]

you got to be sick and tired of man kind...there is no real problem . the money , the money, the money...WHAT if we forget about money for let's say 1 year, sacrifice ourselves and work for something else than money...there is enough food and raw materials to rebuild this bloody world on a new basis . i forgot something : greed... btw i'm not talking about fuckin communism which is even worse than capitalism

[dtaijo174]

Money is a medium of exchange. Profit is simply a measurment of efficiency during the exchange. If we used a system without either of those, Productivity would fall and your standard of living would drop. we would be eating only what we could gather off the forest floor.

[darealcase]

money is created out of debt , it is not a medium of exchange but of control , of modern slavery. that's modern money mechanics. what is giving money value?the act of expending the money supply whitout a proportional expension of goods and services debase a currency.what got us into this big mess? useless speculation ,derivatives, BS

[darealcase]

If there were no debts in our money system, there wouldnt be any money.

Marriner Eccles. the only way money can come to existence is from loans and loan imply debt. how crazy is that

[darealcase]

the ammount of money owed back to the banks will always exceed the money available . bankrupcy is natural

[cpswyl2]

Only if you use the factors of production that debt enables you to employ to produce useful goods and services. So the debt is backed by real wealth creation, unless of course the paper's multiplied by fractional reserve banking and an inordinately large proportion then used to purchase plasma TV's. There's nothing innately evil about paper, but once we turned the wrong corner, it became more and more difficult to turn back - imho

[PSmithFortyTwo]

> there is enough food and raw materials to rebuild this bloody world on a new basis .

Agreed. But there is a) inertia and b) vested interests. It is a tough job. But a worthy goal. The World Social Forum and green industries seem like good starts.

> .... there is no real problem.

We are in for the seven thin years after the seven fat years. Or in this case, fourteen plus fat years.

Got to 'keep our powder dry.' For a _really_ long time. How does one become a farmer? And where?

[CaligalinLibrary]

In Cuba, the farmers make more money than doctors.

[Zeldovich]

There is no "analyzing" here. Rogers is just working down his list of talking points.

[Hroark7]

but the farmers that will do well ,will only be in the unregulated nations.....

[jarden69]

HOW exactly do you make a move to Asia? You just show up with all your belongings? Don't you have to go through some kind of process? Don't you need some kind of sponsorship or job to stay in the country? What if you just want to be an investor...would they let you live there? And WHAT country in Asia would you go to? Thailand? Philippines? Singapore like Jim Rogers? Seems like it isn't as easy as he makes it out to be. What do you all think? Maybe we should be taking the plunge and moving there

[Hroark7]

be yourself

[jarden69]

You're Right...I just admire this man so much.

[Hroark7]

I do too..

sorry for bein a bit "blunt"

just be careful...remember he was George Soros's partner,who is a known NWO schill

I like honest people, celente,Max Keiser...all good

[nevous8]

I'm looking for the 'whitest' part of asia just to keep in mind for the future. I'm paranoid b/c I live in the safest place in the world, nearly, and being white doesn't really help lol...

[bigddog11]

You would be very surprised if you went to Asia. Asian people are very respectful and resourceful people. Of course you always have "That Guy" but over all they seem more civilized than most Americans.I'm sure drunk "whites" are more of a nuisance than the locals.

[bvonmoss]

The Asian country closest to Western mentality is Mongolia. All the Confucianists don't like your American/Western creativity and free speech. In Mongolia you can have American style free spirit unlike other Asian nations. I just packed my stuff up and am here. Every time I read the news about the US, I don't want to go back.

[dsinghiser]

Well, if you're poor, go get a TEFL certificate and teach English. That'll get you a work visa. If you're smart you'll start looking at opportunities while the other teachers are getting drunk at night.

If you want to know more, send me a message. That's how I lived in Thailand for 2.5 years and I'm going back. I even taught Spanish at a Thai university. It's not like in the US where you're overloaded with work. You'll have time to work, enjoy life and find opportunities.

[bl782]

As he said check with him in 5 years, you disagree thats cool but for you to take his comment on moving to china to mean pick up your begs leave have not read or followed his works because he has put more thought into asia, then you, as he as said before australia has a lot of resources to sell, so even thats an option to move. If you can't move he answered that by farming even those that can turn Lawns, yards into gardens will prosper more then the neighbor who doesn't only u can decide to move

[clearasvodka]

Me four!

[jcNOVA88]

I want to be like JiM ROGERS DAMIIT!!!!!!1

[jarden69]

ME TOO!!!

[xlilweezeex]

me three!

[Hroark7]

be yourself,thinkfor yourself

[pshinspections]

So take his advice and do it. No rocket science to it...

[jcNOVA88]

how does he know everything? i want to get paid by knowing the future. how does he do it?

[pshinspections]

Rogers has half a dozen books. That's a good start to finding out how he thinks. Then, spend 4 hours or so digging up his youtube clips for the last few years of his commentary. All the fiscal conservatives I talk to agree with Rogers on his analysis. Obama simply is ruining this nation.

[PSmithFortyTwo]

Agree with you on research.

Obama is doing the best he can but the Bozos who ruined it are all those who came before him. From Clinton to Cheney.

Obama is STILL our best and only hope. An intelligent and honest man. Unlike the Bozos.

[goldmarketprice]

But he's doing exactly what they did.

[bigddog11]

He has degrees from Yale and Oxford, he was a Guest Professor of finance at Columbia University. His hedge fund increased %4,200. making him a legend(and a rich man). After that he Traveled the world investing in different countries. He has a unique ability to cut right through the bullshit like a hot knife through butter. That's how he does it.

[Krampfarsch]

just a little more info: he travelled the world on a motorbike, alone. he travelled through russia as an american in the cold war

he is a man of truth and honor, everyone should take his advice, but everyone should do his own homework, too.

[ednan9]

jim rogers works really hard, reads a lot, travels...according to his wife, he worked even when he was terribly sick while travelling in pakistan....if you are up to it then goodluck, someday we will see your videos

[PSmithFortyTwo]

Jim Rogers is a very entertaining writer - (ghost written?). Find his comment that over every 1000 who say that, five hundred do the work. Then they learn that they have to give up family, social life, relationships. Then only fifty do it. Then only two or three do it for ten, or twenty, years.

Yes he did well. But it is not a path for everyone. It is probably not even healthy.

Though it is nice to fantasize about having the results without the pain of the work to get those results.