BBC HARDtalk - Jim Rogers - 17/5/2011 (Part 2/2)

Stephen Sackur talks to one of the world's most influential investors. Aged five,
Jim Rogers was selling peanuts for profit; he became a hedge fund pioneer, a
commodities trader and, years ago, he shifted much of his money, and his family too, out of the US and into Asia. But can even this maverick investor see new opportunities in a world riddled with economic uncertainty?
We need some brave leadership and knowledgeable decision making in the UK and elsewhere to bring back our manufacturing from China, enact agricultural and energy reforms and the necessary fiscal and monetary control/planning. Maybe then Jim would bring back some of his money to invest here given the opportunity.
Part 1 http://www.youtube.com/watch?v=FVPt04ySYRE

Category:

News & Politics

Tags:

• Jim
• Rogers
• UK
• economy
• commodities
• oil
• china
• collapse
• crisis
• bankrupt

[Esoparagon]

It's people like Jim who invest and make money that keep the whole economy going. He makes money when he invests resources into the production of something there will be a shortage of. It's people like him who put the physical capital into an industry to produce more stuff. It's people like him they make it because society rewards them for their correct predictions and risk taking. Businessmen, investors and entrepreneurs are the ones who structure production for the benefit of the people.

[RauheC1234]

Well its HARDtalk. You need some resistance to get a good message out, not two guys sweet talking each others pans off. I think Stephen provides a good and important opposition. He must represent the mainstream way of thinking in these issues. Then we can become aware of the differences between "true or false" ignorance and attention, or at least begin to scratch the surface of reality. And people are not idiots because they have difficulties abandoning old believes, we are all in it together.

[makronic]

@garryjlindsay

I can think of countless things wrong with that proposal, both structually and morally.

Who regulates this system? People? Who regulates these people? Laws? Who enforces these laws? hmmm... sounds like an administration to me.

People can't govern themselves, it's a naive pipe dream.

[yoyuepz]

@MetalHeadViking its not just the BBC its everyone living in the British Isles...... I dont even bother to debate it anymore. They always say "they be a way out".... loool dreamers!

[yoyuepz]

@MOMARMAZHAR Not true, as Japan is in asia and they have BIG problems 220% debt to GDP.  It is true they are family orintated however this is ture in Italy. The west needs to stop buying crap and start to save more.

[amrans]

Hard talk? Jim doesn't seem to think so

[MOMARMAZHAR]

each and single Word This man said is 1000% True, we will face a big big big economy shity problme due to our politicians and their sins.

i appreciate Jim he is the man who have an eye on economy . in Asia India China Singapore,malaysia and thailand by God there 100 out of 60 people live healthy and wealthy life style. accept to spend on drink and for fun. the Most important thing of our part of life is Relations , They have strong relations and they know lives life like 80s in these countries

[KDN888]

@amalmavani without getting into an argument, that is the very point of Hardtalk. The interviewer does that to represent the misconceptions and ignorance of the public. If he asks "correct" questions, people who do not know will be left not knowing. He has to articulate the views of the public as an interviewer, no matter how foolish they may be.

[udennyn]

I agree with his water and food thoughts...its so true...

[MetalHeadViking]

BBC just showed what kind of a stupidety they try to spread. But Rogers managed it quite well.