One interesting note Rogers talks about is how all the creditor nations are now in Asia (China, Taiwan, Japan, Korea,etc.) and all the debtor nations are in the West (U.S. , U.K). And if you think about how someone like China is spending their money, it is very different from how the U.S. is spending its money. Since the 2008 crisis, China has been busy buying commodity resources in Australia, South Africa. At the same time, the U.S. is busy issuing new debt and bickering over health care reform.
Jim Rogers On The Financial News Hour
One interesting note Rogers talks about is how all the creditor nations are now in Asia (China, Taiwan, Japan, Korea,etc.) and all the debtor nations are in the West (U.S. , U.K). And if you think about how someone like China is spending their money, it is very different from how the U.S. is spending its money. Since the 2008 crisis, China has been busy buying commodity resources in Australia, South Africa. At the same time, the U.S. is busy issuing new debt and bickering over health care reform.








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