Jim Rogers Blog: "America Has Become A Communist Nation"

July 17, 2009

"America Has Become A Communist Nation"

"America now owns the car industry. America owns the mortgage industry. America owns a lot of the insurance industry. Karl Marx must be somewhere standing up in his grave cheering. And why is that? America has become a socialist and maybe even communist nation in many ways." Jim Rogers

In 1990-1992, Jim Rogers fulfilled his lifelong dream: motorcycling 100,000 miles across six continents, a feat that landed him in the Guinness Book of World Records. As a private investor, he constantly analyzed the countries through which he traveled for investment ideas. He chronicled his one-of-a-kind journey in Investment Biker: On the Road with Jim Rogers. Jim also embarked on a Millennium Adventure. He traveled for 1101 days on his round-the-world, Guinness World Record journey. Passing through 116 countries, he covered more than 245,000 kilometers, which he recounted in his book Adventure Capitalist: The Ultimate Road Trip. His latest book "A Gift to My Children: A Father's Lessons for Life and Investing" was published in 2009.