They have had an inflation problem and they have had a property problem. They know it and they’re trying to do something about it. China has been slowing, but this is not the least bit unusual.
I would remind you that what is unusual is that China hasn’t had more economic problems in the last decade or two. I would remind you that as America rose to power, we had 15 Depressions; we had very few human rights; we had very little rule of law; we had massacres in the streets; we had a horrible civil war." - in ETF.com
You can keep reading Jim`s market updates and financial commentary on the new website: Rogers on The Markets (click on the link or on the image below to access the new website)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several books and also a financial commentator worldwide. Visit the new website Rogers On The Markets for exclusive content.