As recently as 1907 America went bankrupt. The whole thing, Washington... J.P. Morgan had to step in and bail everybody out. China is going to have that kind of problem. Will it lead to an overthrow of the government? I doubt it, but let's suppose it does. They're not going to bring back Mao Tse-Tung. They're going to be throwing out the communists. Mao Tse-Tung's not coming back, I assure you. China's not going to be communist ever again. - in The WSJ
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Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.
