Jim Rogers on China's Rise and Future
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Unlock the financial wisdom of Jim Rogers, a renowned American investor and financial commentator, in this exclusive interview excerpt. This snippet distills key perspectives from Rogers' extensive knowledge, offering essential insights into investment strategies and navigating the dynamic global economic landscape.
Whether you're an experienced investor or just starting, Jim Rogers' perspectives provide valuable guidance for financial success.
00:00 Start
00:21 Internationalization and Preparing for the Future
2:16 Investment Opportunities in Changing Countries
6:03 China's Rise and Future
8:52 Views on Singapore and the Potential Next Singapore
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"My daughter have been to more countries than I had heard of, at their age" This is a key. Travelling to other countries really opens up your mind.
Absolutely!
@@ziraza397 I have always thought if we did things like this for lower income children they could see that the world is full of possibilities. It could change their future outcome
@@ziraza397 Children who come from middle to upper income households have more resources available to them than lower income children. I was fortunate to be able to go on a trip in high school because my parents could afford it. Providing opportunities to all children is the goal but lower income need to be included so that they are not sitting on the sidelines but actually are experiencing it.
@@ziraza397Sure, all kids would benefit. But she's got a good point. If we were to fund programs that gave low income kids a chance to experience other countries at a young age, it's quite possible the impact on poverty and crime would be greater than programs that merely provide financial assistance.
@@ziraza397Why does that sound bad?
I think some reasons are the unity, the ability to learn and the desire to build your home instead of taking someone's property and land
I saw this man interview on TV decades ago when he was leaving the US for Singapore - and I never forgot it! So glad you had him on!
Jim Rogers did a Ewan McGregor and Charlie Boorman motorcycle road trip two decades earlier.
But he still keeps his 🇺🇸 passport, and so are his kids. That's the most important point here.
@@ggc7318 Singapore passport is better than US passport. you can enter more countries VISA free.
@@ggc7318 Because if you become a singaporean, you cannot hold other passports. They will not return to the US because it is getting worse everyday
china please teach & pass down some chinese wisdom to mexico... so mexico can enjoy the golden age as well. with much love and respect for china... its people, history & culture. your good friends from mexico!
I am a Chinese and I can tell you about the Chinese secret - be self-reliant and be resourceful.
I am a Chinese and I can tell you about the Chinese secret - be self-reliant and be resourceful.
Chinese wisdom was nothing more than allowing western countries to manufacture here. That is now being undone due to the policies of the CCP.
你们领土都被美国霸占了，自己的国家主权尚不独立，还有什么资格谈发展繁荣。发展繁荣的前提是即便我再穷我也要先保护住自己国家各方面的独立主权。
Try not to do drugs.
Listen to Martin Jacques who highlights the fact that all empires rise and fall, never to rise
again. China is the exception in that its rise this time is about the fifth or sixth time that
it has risen! China invented paper and printing, has the longest recorded history.
You call a totalitarian dirt-poor dictatorship with no genuine elections a 'rise'?
Not only paper and printing but a host of other things like gunpowder, sextant, sunglasses, compass, silk, tea, seismograph, borehole drilling, kites, blast furnace, bank notes, and of course, built the Great Wall long before Trump thought of that!!
They are also racially pure, unlike the mutts in the US and Europe !
The Chinese have built the longest wall more than 2,000 years ago without modern machinery on top of the mountains down to below the mountains valleys.
That China invented paper, printing, or any number of other inventions is irrelevant to its future success or even its continued existence as a unified nation.
A very nice conversation that reminds me of some fond memories talking to my dad and him sharing his wisdom with me which I now miss. To those of you who think one’s life can’t change extremely, dramatically, and very suddenly, think of the Jews in Germany, when it became clear they really needed to leave. Many tried to come to the USA and they were not welcomed; they were turned back. If you don’t have the papers that allow you to legally enter a country, you may not be able to enter. It’s essential to get that lined up in advance just in case. These were wealthy Jews; money had nothing to do with it. It was the policy of the United States at that time.
China’s economy is number one in PPP which seems to be the real measure of an economy.
Not necessarily. PPP is best when comparing per capita metrics. Nominal GDP is a better measure when comparing aggregate numbers.
Personal GDP is the real measure of an economy and the average Chinese is well below Western poverty lines
@@sparkeyjones6261regular folks only care only GDP PPP
Because it is about how much things they can consume( or buy) instead of how much "bigger" is the general information 😂
@@sparkeyjones6261
I don't have an answer to your view. 4 years ago, my son was living in the US as a student and he had 2 wisdom teeth needing surgery. It was estimated to cost USD3k for the surgery. I flew him back to Malaysia, paid USD100 by a qualified dental surgeon.
In absolute terms, the Malaysian dentist generated 1/30th of the dentist in the US for the same thing. So PPP is meaningful in that sense.
Since 2014 !
I'm Chinese and I've got a few thoughts on why China has always risen again and again. 1. Strong ability to execute with a powerful central government (aka authoritarian - it's a double-edged sword). That's the number 1 reason China went from dirt poor in the 60s, and 70s, and then all of a sudden, rich. Every time I go back, I see so many new things - it never happens in the West. You can go back to the same city and it looks pretty much the same for decades. China has never experienced democracy - from the beginning of time, the country has mostly been run by extremely strong central governments. 2. Collectivism. Lack of individualism and democracy may not sound ideal but it allows the people of the country to focus on common goals and achieve extraordinary results quickly. 3. Wealth of resources (both natural and human). Look at the world's superpowers today - all of them have access to an incredible amount of land, natural resources, and a lot of labor. 4. Chinese society is obsessed with money. I personally dislike it a lot. Every time I go visit relatives, I am reminded to present myself as well-off, even if I'm not. It could be seen as a societal issue, but on the flip side, the collective desire to make money is so incredibly strong that many are motivated to "get rich".
I was reminded by my father that China is the only ancient civilization that has remained strong while all others have failed. When I looked at why they might have failed, it all seemed to have boiled down to either 1. lack of strong central government; 2. lack of natural resources, land, and labor. 3. complacency and lack of collective motivation to rise again.
There could be many more reasons but these are my two cents. EDIT: no patriotism in play here, just my opinion - can't say I care about being patriotic nor does my comment have anything to do with "the Party".
Patriotism . China is culturing and nurturing a sense of pride in their own country never seen before . Education is the key to open mind , learn from their mistakes in the past and look forward to a better future , more and more start to see moon is not rounder in the west . Retain more brilliant minds at home .
Let's wait a bit. Right now things seem to be changing bit with foreign capital withdrawing
@@AndyKing1000 ok Andy. Check out BRICS, they're currently sitting at $30 trillion GDP, 29% of Global GDP. The G7 dropped and is now at 30% GDP, with the leading country $35 trillion in debt with Janet Yellen just proclaiming that even with strict budget cuts going forward the US will be at $50 trillion in debt by 2030. China already is the #1 exporter to the world. Africa is the only game in town. See how the US sounds to them. Things do seem to be changing as you say.
China is a poor imitation of west right now. Mao destroyed the 5000 years of chinsse history within his 30 year rule.
There is only one ancient civilization surviving for 8000 years till now.
@@kth6736 8000 years , which one ?
In many cases if not all, we are the one who always manage to screw up a country on the rise in the name of all kinds things like democracy, national security[our hegemony, military complex]
People have slept on China for centuries, it has been "weak" and in chaos during our times. Not for the last 30 years but people are ignorant. China has woken and is shaking the earth. It's truly an amazing civilization once you learn more about it
Oh for god sakes. What kind of ignorant bullshit is this
I wish I had a grandfather like him. Not for the money. For the wisdom.
I wish I had known my grandfathers.
@@Libertariun Mine both died before i was born. Because of poor choices. Hence why i wish i had someone like Jim as a role model.
I have wisdom when I don't need to worry about money. If his daughter didn't have the wealth, could she travel to so many countries at a young age?
@@Mark-fh5lp I think I will know my grandfathers one day. No one, or rather, very few choose when they die. There are a lot of things we can choose, but that date is usually not one of our choosing.
WHAT??? he is has an anti-USA Bias and he is cognitively impaired WIsdom?? go get a brain scan!!!
Mr. Rogers, the reason China rises several times is because of the core culture - Confucianism. Confucianism is not only the ideology but also the main stream education system since Han dynasty. Successful Confucianism scholars then run the country government, especially after Sui Dynasty when the Imperial examination was introduced to select the scholars every year to be the officials.
In the history, China falls few times due to the internal collapse and the invasion from northern nomadic groups, similar as Germanic barbarians invades the Roman empire. When the nomadic groups entered into China, they needed the Confucianism scholars to help manage the massive agriculture civilization. Sooner or later, they converted themselves to be Chinese or fully adapted the Chinese culture.
Confucianism focus more on the collectivism vs. the western culture focus more on the individualism. Chinese knows how important it is to unite together to form the power. Some times China split into many pieces, but they always reunite again and rise up. The unity of the nation is hard-coded in Chinese mindset, that's the reason China can't let go Taiwan.
I think the Chinese are just superior. Why do you think humans are always above the rest of the animals. Simple it's genetic. That's just science.
I read the Analects and I am so envious of Asian cultures now. I currently study Lao zi too.
Here is the thing, IMO- Having several passports is not only about paying less taxes but also about personal freedom. I always say that with a second passport, you might be still living in prison, but you have the key to the gate.
I have lived the USA for 24 yrs, the most thing I could not tolerate the Black Friday, Mall stealing. No shame for certain ethnic groups
GO BACK TO THE CHEAP china THAN......🤣🤣🤣🤣
Jim Rogers is amazing! Very insightful and spot on !
.
what happens when China becomes number 1 = the world will be in a very sorry state , corruption, blackmail, stealing, cheating, lying and murder. Xi Jinping now 2023 do not have any rivals still alive. you really think all the world leaders are blind ?
My grandfather's immigrated to the west from Italy they worked free labour built railroads and developed the countries infrastructure with back breaking labour... Immigrants today are pan handlers you have no argument here
Jim Rogers is famous for co-founding the Quantum Fund with George Soros. During the 1970s, the portfolio gained 4,200% while the S&P 500 returned less than 50%. Those outsize returns made Rogers one of the best investors of that period. 1:01 [The Motley Fool]
American railroads were built with Chinese slave-labour.
So your grandfather was Chinese?
During 1900s, Chinese intellectual elites called Western invasion as " the biggest challenge of three millenniums," which means Chinese civilization had never faced that kind of existential crisis before, that is greater than the invasion of Mongols ( which ruled China for 90 years) or even Manchurians ( which ruled China for nearly 300 years).
They tried their best to find ways for the comeback of the Chinese civilization, and they have done that now almost. So there won't be another " the biggest challenge of three millenniums" for them in the foreseeable future yet. Maybe this is the time for Westerners' turn to face " the biggest challenge of three millenniums," not Chinese.
what happens when China becomes number 1 = the world will be in a very sorry state , corruption, blackmail, stealing, cheating, lying and murder. Xi Jinping now 2023 do not have any rivals still alive. you really think all the world leaders are blind ?
The western civilization is just another obstacle for the chinese. They are and always have been the main character. The west is just the great evil rn. Ask africans, Muslims native americans, Indians.
@@user-fr6rg6gy3l you clearly have no idea what you’re talking about. If u had any idea how history and economics worked, you’d realize that China would fall without the west.
Good luck there without FDI and thanks to the CCP, good luck without traditional Chinese culture or values
I am westerner and can't wait for China to take over the world, Western world is too degenerate now, over 20 genders and so many drugs.
The reason China can come back again and again is because the education and the keJu system allowed the most talented people to join the government.
I think Confucius and Yi Jing in its core has a big role.
😂😂😂
Despots always think they are "the best"!
Are you kidding me? Their government is full of corrupt senile octogenarian Communists
Confucianism keeps China down and up again many times. Countries influenced by Confucianism have developed advanced economies, like Singapore, Japan, Hong Kong, Taiwan, South Korea, and the upcoming Vietnam.
@@sk5249for despots look in the mirror
I think to really understand China, you need to look at it from many aspects, like geography, demography, government, culture, and so on. But the most important one, from my opinion, is the inclusive culture. China is not just a nation, it is in fact a civilization. Thus, even been conquered by the mongolians in the 13th century, the so called Han's China is gone, but China as a civilization still existed. The mongolians was then assimilated and became a part of the Chinese civilization. The resilience of the cultural identity is the key adhesive to keep China united and powerful.
You're right about strong cultural identity and adhesive, but "Han's China"(中國漢人) is never gone, regardless in culture or bloodlines. Modern molecular anthropology and genome study already prove this for a while. Unlike what some believes, there are strict and clear genome data such as Y DNA haplogroup prove Han Chinese are still largely remained as same ancestry linage, while mongols and other nomad have different haplogroup linage which are still different to modern Han Chinese today.
You can find related scientific videos about this on TH-cam.
We call is Ah Q spirit, even in defeat, can say you've won... 😂
@@Harthorn 南朝鲜人对于中华文化的窃取和声明，这叫做阿Q精神，这与中华民族的历史无关。
@@Harthorn try-hard. embrace your own identity
@@timetraveller2300 My identity isn't based on my race lol, nor do I need a political party to define it for me lol... unlike... lol
Mr. Rodgers saw THE play book decades ago and acted upon it.
As I listen I keep wondering why he didn’t establish himself in China, become a citizen and live there?
yep. why did he choose singapore lol
Lived all over Asia sincec2008 fc. Korea, Taiwan, Hong Kong, Singapore Vietnam. Ultimately settled in Vietnam. No political bs, built a beachfront house, got a feminine wife. Little tax, high earnings.
sweet!
Feminine wife?😂
@@jbennison5672 feminine yes, feminist, no, should learn the difference.
@@Trumppower I may do that. I not much a streamer or TH-camr, but do post a video every now and then. My life since 2008 has been teaching across Asia, vs living in California. So quite a different view than someone staying stateside.
He ment a real woman,
not a lady-boy.
The Chinese are tied together by ideas of unity and family bonds. As an example, the word "country" is made of the two characters "国家" or "country family". Similarly, they address each other, even if they are strangers, as extensions of their family. Example, any older lady you see, is addressed as "阿姨" which means "auntie". These characteristics and many ideas of unity, I find are unique to Chinese culture along with Confusion teaches and the relationship between the state and the people.
The Chinese is declining faster than any nation in world history.
Oh for godsakes. The CCP destroyed Chinese culture decades ago
Mr Rogers you are so wise and a true survivalist. Multi skilled, multi cultured, so much common sense, brilliant.
Its good to keep options open
If China become no.1… We can imagine how upset, jealous and frustrating China neighbor "I" will be.
This is 1 country that keeps thinking they are better than China.
They need to build toilets 🚽 first
Bharat lol
#1 country also has disadvantages. Chinese on YT itself told me that now in some chinese cities apartments are over $usd 750K and paying them off requires 30+ years.
Usa is #1 country now but are you buying all usa products ?
Also,China companies they will not give jobs to other nationalities and pay will be low. Anglo saxon countries pay is highest and all peoples get employed 😮
@@hesh2892 : loi you belongs to which country Chinese lifestyle is far beyond that you are living in a Democrate country. Each and every Chinese citizen are enjoyed their life than any democrate country you live but they worked for the development of their country.
They ARE better than China. At least their government is.
Because every ordinary Chinese has been keeping his/her nose to the grinding stone since the childhood, as every ordinary Chines knows life is hard, opportunities are less. We can afford nothing but hardworking. I am a Chinese.
Respect from the antipode, Chile. Just below Xi'An!
The source of Chinese wisdom is the Book of Changes, whose core idea is: "Continuously generating, adapting to the situation, and persevering."❤❤
My PPOV, China not really very interested in the nos of placing ...as for an outsider, my respect wil go to those can bring PEACE, PROSPERITY & a better living condition to majoroty of mankind 💪💪😀😀
Ask Taiwan, Philippines, Japan, Vietnam, India, South Korea what they think of their 'peace-loving' neighbour and China's constant attempts to bully and intimidate it's neighbours
The Chinese’s daily wisdom reduced from the long history is what has supported Chinese ups and downs
What wisdom? Have you seen the secret history of their space program?
@@paulietv2162which source ?
@@Cheesecake99YearsAgo You could start with doing a search on this one and then expand your research from there: 'TH-cam's Darkest Videos (feat: blameitonjorge)'
If you love China so much, why didn't you and your family live there instead of Singapore?
That was a great line at the end. The countries that just recovered from the civil war are the cheapest. Ukraine here I come
You mean Russia. Zelensky is coming to U.S..
LOL Hold your horses. Might just want to hold off for a few years.
Being early and being wrong look like the same thing.
Ukraine is nowhere near the end of the war and God knows when. And Ukraine can't be defined as having a civil war. It's an ongoing war between 2 sovereign countries.
sorry, as long as the political system remains the same as today's the US will be going nowhere anytime soon. for the time being the american rich sit on top of the wealth might just as well sit on top of a volcano -- being rich doesn't mean being successful any more but rather being a member of the much hated swamp. the glass ceiling has been set for the ordinary folks for long time since Reagan. hasn't change for the better instead worse for that matter. so, the choice is yours: to be or not to be..... @@lmaoingrn
China is NUMBER 1 today, not on the number of dollar bills or Yuan it has but on the PPP measurement! You can have tons of a currency that buys less than the next guy's, because in his country goods and services are many fold lower! Simple and factual concept!
I don’t think so. When China is more technically advanced, it will be No.1 . Now U.S. is still leading. It can sanction China .
China is NUMBER 1 in deflation and economic collapse lol
Nope
Tell Jim Roger’s it’s the profound moral teachings of our predecessors which bring our Country again and again to the climax of world history❗️
It might be a bit hard for foreigners to understand, especially the ancient scripts which are really essence and in abundance❗️😅😅
From Hong Kong 🇭🇰.
productivity and leadership are two different subjects both needs talents and genius and each has its circumstances and opportunities
Mr Roger is a very wise and cunning person seizing opportunities in China and Sg to be successful. There’s a lot to learn from his experience.
What he says is just a heap of cliche. I don't see anything insightful, but of course as jim roger, he stands no chance to lose seeing singapore as a tax heaven for him and that is the hidden agenda in the interview.
There is an old saying in Hongkongese, “a Chinese Fungshui guy can cheat you for ten years or even longer”. because their foretelling often takes decades to prove. if you check out what Jim Roger said about China ten something years ago, you will find how wrong he is.
can't believe you got him on interview.. this video is much too short for someone like jim rogers. my favourite american in Singapore
He was a distinguished speaker at our Nomad Capitalist Live Event, providing valuable insights. If you want to engage with such influential figures and gain in-depth knowledge, consider joining us at our next event: nomadcapitalist.com/live/
You can also watch the full interview with Jim Rogers here: th-cam.com/video/1iZz1sSs92k/w-d-xo.html
Set aside the nationality. You are Chinese in Chinese view if you love and enjoy Chinese culture. China In a sense means an evergreen and long lasting civilization.
I'm not sure what he'd say about the book, "Paekche's Principle: The Great Secret of Asia'?
Of course you can still make money in China, but the major rise is over. It's most likely to stagnate like Japan from now on. But learning Japanese is still a good thing also, and you can still make money! But to think China is going to turn it around and hit it's prior growth is a bit silly at this point.
I've lived in China over 5 years and haven't regretted the decision. Don't have to worry about toxic idealogies in the education system. Tightly controlled immigration. In my 5 years living here, never felt threatened or unsafe. Cost of living is cheap compared to the west. (Update - funny that the CIA trolls already showing up to show me how great America is...let me remind you what path America has taken... trans-story book hour, crumbling infrastructure, criminal war-mongering politicians driving the US off a cliff while simultaneously fleecing the population, skyhigh inflation, housing crisis, soon to be banking crisis, three letter agencies and the military industrial complex feeding Americans what they want them to hear to justify America's wars. Can't defend that insanity...I'll stay in China)
Lol China is the toxic idelogy. Get your facts straight you pervert white man.
Lol ccp robot?
And you can be treated badly by the government, just like how the U.S. treats certain situations if you happen to have any criticism of the country. Sounds like heaven. I'd rather be free in a safe country with protection than have money and be silenced.
Oh and getting your money out of the country is a fun process too!
@@SPKLifeStyle2.0keep believing all of the propaganda the CIA feeds you to justify more war. where are the weapons of mass destruction they promised were in Iraq?
Lmao! Just don’t get out of line and think for yourself. God forbid you go against the hivemind communist ideologies. Unreal
China was on its way to number 1 but then Covid happened and a lot of backlash and consequences happened
Is this recent interview?
This is the same Jim Rogers who just before 2014 was telling everyone to invest in Russia and that Russia is the future. But then of course Russia occupied Crimea and Eastern Ukraine, was slapped with sanctions and its currency dropped in value more than 100 overnight. The same Jim Rogers who recommended investing in oil, but then oil dropped bellow $20/barrel. So I'd be a little cautious taking good ol' Jim's advice at the face value. However, that doesn't mean that getting a second passport is a bad idea.
He says again and again that he doesn't time markets because he's consistently wrong on timing. What he's right on again and again are the "elephant in the room" macro trends that create stairstep moves in the global markets.
Russian economy is on the ascendency despite what the western powers has thrown at her the last 22 months. Meanwhile EU economies are in tatters.
Well done. Your daughters have the option to go live in China....... at least there won't be much of a queue.
He’s clearly clueless about China too. Idk if he’s serious or clueless.
Here's a few points I can help add in the discussion being a Chinese myself, but before I do that, I do want to make it clear that this is a trend not just mainland Chinese, but also Chinese abroad.
1. strong family values
2. strong culture and appreciation of it
3. high in-group bias (helping our own people, aka Chinese, first)
4. strong community
5. strong self-dignity (尊嚴) (often tie to family name. ie: not tainting my family's name)
6. high loyalty and faithfulness (義氣) to our own kin and race
7. appreciate our history and our fore fathers (飲水思源)
In other words, we Chinese are very nepotistic. This is why even in the places as corrupt as China, you can always rely on relationship with someone with authority to lend you a hand. This doesn't mean the CCP didn't do any damage to our culture and trust between our kinsmen.
You can always see Chinese around the world always sticking together. Even when they are in a foreign country, they will still stick together and form their own community there. Eat with chopsticks, have meal together as a family, celebrate Chinese festivals, speak Chinese as often as possible, practice Chinese culture in our daily life. So that when tragedy comes, we can endure this hardship together as a community, whether it is tyranny, racism, colonialism, or even genocide.
It is also in my view that the downfall of the western society is due to the break down of family structure, the break down of their culture, the high out-group bias (discriminate against their own race aka white people, and hating their own race), and despising their own history.
EDIT: fixed typo
excellent points! agreed 100%.
thats old stereotype, are u pretend forget new generation some han chinese taiwanese and han chienese singaporean / thailand /hongkong also hate their own race aka han chinese ???? as chinese descent myself we have this problem too and this getting worst because the combination china unpopular politic system and western media propaganda anti china
Hard working beats talent ❤🎉
100%, thanks a lot.
Kissinger’s student 😅
Not only is China ALREADY Number One, but they have the development of the whole world at heart !
You're kidding, right?
KEEP DREAMING
@@mangonutyou still use the outdated gdp nominal which has become irrelevant with the digital age/industry
@@user-fr6rg6gy3l you mean the one China uses which considers building then blowing up buildings before rebuilding them as valid data to use as part of their gdp? Or overbuilding buildings by 200% as valid numbers? Or overbuilding EVs so there’s a mass grave of never driven cars as valid data to over inflate gdp numbers?
Wow. A lot of people don't like to hear good things about certain place. I have encountered many of them and most of them are quite hypocritical. They seemed to hate easily, feel rigtheous and destructive in many cases.
Agreed. There are many Westerners who just have been indoctrinated to hate China. China bad. China evil. China enemy. 🤪🤡
I hate Communism, that's true, I think it always makes countries worse...but I like the Chinese people and I don't think China will remain communist forever. I think if China gets richer and richer, people will demand change. History shows this.
Yes, you have described the imbeciles who ignore all the evidence and hate the West
I thought it was a topic three years ago?? Why dont you move to China??
True china has survived and come back strong several times throughout the history, but from the end of Qing dynasty to current power of China, they took 112 years. If China is going down the slope again, how long will they need to come back. i dont think one or two decades will do
During 1900s, Chinese intellectual elites called Western invasion as " the biggest challenge of three millenniums," which means Chinese civilization had never faced that kind of existential crisis before, that is greater than the invasion of Mongols ( which ruled China for 90 years) or even Manchurians ( which ruled China for nearly 300 years).
They tried their best to find ways for the comeback of the Chinese civilization, and they have done that now almost. So there won't be another " the biggest challenge of three millenniums" for them in the foreseeable future yet. Maybe this is the time for Westerners' turn to face " the biggest challenge of three millenniums," not Chinese.
Let me share a little history about China.
After the fall of the Han dynasty, China was in chaos and part of it was in foreign rule for 4 hundred years before it was unified under Tang dynasty .
Hsieh is Taiwanese way of 谢姓。In China it is Xie, and Tse in Hong Kong
China has five thousand years of history. Decades are like a minute for China.
112 years is nothing in a 5,000 year written history, plus a ,illenia more of unwritten history.
Singapore wonderful city to visit .
But when shyt hits fan is totally Indefensible! Looks alot like wars in future
Singapore has been trained by Isreal. Not saying it would be a cakewalk, however, the 'porcupine' strategy adopted is the same in both countries.
Very good
This is an insightful interview seeing someone like this who thinks so broadly and has acted on the wisdom he now shares ..
Brilliant interiew!
Thank you
Glad you enjoyed it!
Why no.1 no.2?
I'm just here for the comments of trigger westerners.
Hahaahhaha
Anyone care to divulge which stocks one can invest in Directed Energy Weapons? You know, like the kind that have been used on places like Maui? That or the Chinese state run company with the "weather Lidar" that was used to map the targeted real estate? Lol
Meritocracy (KeJu Exam) instead of democracy.
Most of people in the world believe that they are smart, but, sadly, the reality is opposite.
The importance of the Port of Singapore is slowly declining. By allowing the US Navy and Air Force to be stationed in Singapore, Singapore is forcing China to create transportation routes that can be dispersed.
In fact, Singapore does not need the US military to protect it !
When was this interview taking place?
In September, during the Nomad Capitalist Live Event.
@@nomadcapitalist future of china depend to GOD will.what did and done communist china to the Bible? History repeat what happen to babylon
All of the Chinese fleeing to the US might disagree.
China is the biggest economy in the world today. We should use PPP to determine the real size of the economy, because of prices differences on products between countries
Who is Jim Rogers?
Jim should put all his money to china property now.😂😂
China rsie is not attributable only to the effort of the Chinese alone. When democracy and capitalism run hand in hand for a period of time, democracy will eventually over shadowed by capitalists. Government is serving the elite rather than the nation. Should US spend half of its military budget in the last 20 years to strengthen its infrastructure, its culture, its industry, no way China could have any chance to catch up at all.
If that is so simple why did those so called democratic country not spent the $ on the economy rather than offensive military expansion???
Everything can be easily acknowledged on hindsight. But the trick is to get most right before your press the decision button.
US has been too shabby in her strategies while the PRC have spent many debates about long term goals and the strategies to achieving their stated goal i.e. 5 year plans
What you've been saying about is throwing money at the problem which Uncle Sam has been doing till it becomes unbearable. Good governance is much more than just honest politicians as it needs collective effort from the masses too with feasible plans executed with the least deviations to reach a certain goal. You can't just get any Tom, Dick and Harry to do a job; you need the right people and if you don't, you'll need to educate and train them. Know the reason why the Chinese emphasized and invested so heavily on education now? Furthermore if Uncle Sam were to keep throwing money at those problems, it'll only benefit those who have access to the dole. The biggest difference between China and the US is that the Chinese are doing it while the Americans are talking about it.
Never. Your govt are full of shitty lawyers . China's govt are full of educated people, scientists, engineers, etc. They all have experience being mayor before going higher up. Yours? A clown like Trump with absolutely no experience running a town or state gets to become president. A jak arse racist one
let’s see if you will still be saying the same thing in 10 years
That's a HUGE if lol...
Confucius is the key for China's resilience through out the history. Chinese people know where they are coming from.
What is the best Chinese ChatGPT which I can use in English?
Why?
百度‘s 文心一言
I am not around for few decades.
I am predicting that I have no more than 2 decades.
Ask him about his prediction of graphrene.
China’s old saying a bright young generation a bright the future of the country. See what American youths music, shows, education.. just concerning. Loosing values and principles faster than ever
Fortunately, good Jim is invested in the Chinese up to his lower lip.
For a few more advantages, he would even turn his grandchildren into spring rolls
Chinese are resilient people. The century of humiliation may have hurted but had not dampened or demoralised the Han race.
Jim Rogers’ prediction was a joke.
*VISION* is the ability to SEE what is Being SAID.
*PRODUCTION* is the birthing of the *VISION*
*EXPERIENCE* is the *EXAMINATION* of the *PRODUCTION* Process.
*PREPARATION* is the positioning of *PREVENTATIVE MEASURES* against the onslaught of *ADVERSITY*
*SUCCESS IS WHERE OPPORTUNITY MEETS PREPARATION*
Listen to someone who thought that singapore education is good and realise that english taught there is not so up to standard😂
Maybe if daddy wasn't a rich tv personality, daughter might not have been elected student council president?😏
China now faces a problem the same as India but which Japan, Taiwan, Korea did not face during their transition to a respected power (world is more connected now) - the ability to keep talent in country. To reach the next level they need to make globally competitive products and services. To make such products and services they need to keep talent in country. To keep talent in country they need to stabilize the economy and convince their own people to believe in the future. Tough to do given the recent huge mistakes made by the government, but they have to figure it out for themselves.
Did you hear what Harvard PHD economist Jeffery Sachs and prof Wolff said about China and US economy? Go find out. Also , ever heard of how Shenzhen from a fishing village state evolved into a rich province? Read also about China's new satellite city Xiong An.
LOl, the western media have been reporting that Chinese who has STE background are leaving the U.S. to China.
At least in the past 15 years, it had been the opposite of what you concern.
Oversea students from China to Universities in the West in 1970's, 80's 90's were very eager to stay in the West for long term.
Not so in the past 15 years, same type of students had been eager to go home for better future
What are you talking about. Everything we buy is made in china because NOBODY ELSE KNOWS HOW anymore!!!
你举的3个地区，2个是美国的半殖民地、1个是中国上一任政府的割据政权。你拿它们与中华人民共和国比？哈～
This previous American which now is a Singaporean saying 100% true facts
US will still be ahead for invention and innovation
How so when millions of their wealthiest people are fleeing the country ?
Their wealthiest aren't coddled in every way like in the usa so they come here to take advantage of us. But they still maintain their Chinese citizenship. Just like our wealthy who move to ...China lol.
American politicians starting from President to Senators and American voters are declining .
Mr. Rogers, words of wisdom. Stop with the propaganda.
Jim telling the Plutonians that Pluto is still a planet.
The big difference is that the Chinese tried to be better each day and the Americans tried to stop other to be better … this is a modern way for slavery
Mr. Rogers is very heavily invested in China as a businessman.
India will be the powerhouse of the end of this century.
Why did he move to China?
Meanwhile his fund keep selling Chinese assets like everyone else, the numbers don't lie.
Everyone is exiting, FDI is down 85% compared to last year.
There are peoples concern about Xi leading security and also economic but other nation see the threat. This problems must resolve first.
我们国家的事，和你们无关。
Hahaha, yes, please definently put your money in China now and see how that goes😂😂😂
Right lmao. China paid him well to talk nice
Confucianism keeps China down and up again many times. Countries influenced by Confucianism have developed advanced economies, like Singapore, Japan, Hong Kong, Taiwan, South Korea, and the upcoming Vietnam.
Judging from the last 5 Chinese dynasties, every one survived around 250 years with the exception of the Yuan when China was overrun by the Mongolians, so the CCP dynasty will likely survive 250 years starting from 1949.
So does the USA Kingdom.
你的评论很无知，你到底学过历史吗？学过地理吗？为什么把蒙古单独说？你不知道中国有内蒙古？无知又愚蠢。
从你说蒙古入侵就能看出，你是读西方编造的伪历史。
The CPC is not a dynasty and it is a highly westernized organization that follows western ideology of communism and socialism. It is relearning and adapting many Chinese governance system in recent decades but its is still quite westernized political party with some Chinese characteristic. How long will it last? 250 years is a good bet from historical data, but there are always exception that goes both ways. No really knows because the world we are in is drastically different from the world of ancient China. How will the adoption of western liberal capitalism change China? We only see that it has some very negative effect in its traditional values and demographics just like most countries.
Let’s see if the CCP survives another 20 years
FREE TIBET
Xizang is free, as free as it can be. What do you know about Xizang when you've never even been there?
Welcome to Tibet! Tibetans are much wealthier and happier than last time when their forefathers were slaves under the elites or slavemasters like Dalai Lama, they had no land and no freedom. Even Dalai Lama told China he doesn’t seek Tibet independence but a meaningless autonomy under China.😅
Free your mind
Offshoring was Jim Roger's idea
RJA agriculture commodities had been shut down....when is this guy right about anything.
Manufacturer cost in India cheaper than China
Manufacturing cost in Mexico is cheaper than China now
祝你的国家在印度找到财富。
Confucianism, it sets the social infrastructure. Once it has been ingrained into you, it will become the norm that society wants to default to no matter what.
It’s a system that dictates hierarchy and peaceful means to ascend the social ladder through ability and hard work. It governs relationship and puts the family at the center creating the basic building block for social to be productive. It’s also the only social contract where people adhere to it for the greater good rather than the fear of punishment from a God.
In many areas which matter, China is already #1.
China is already No 1. But it doesn't mean USA would become irrelevant but i hope they'd take a constructive role
china will be superrich..if they'll be #1.. especially when they harvest the oil rich Spratly under the Philippines EEZ..if they were#1 act like #1.. claim the whole sea the rightest move to be the richest
The difference between China and Retardistan (aka 'merica" ) is that China is not looking to do anything detrimental to other nations. Cooperation and collaboration is how China wants to work, to the mutual benefit of all. Unfortunately The USA doesn't understand this approach. There is no need for conflict.
@@LarryMendaros The difference between China and Retardistan (aka 'merica" ) is that China is not looking to do anything detrimental to other nations. Cooperation and collaboration is how China wants to work, to the mutual benefit of all. Unfortunately The USA doesn't understand this approach. There is no need for conflict.
@@paulanderson7796 if only china don't prevent our fishermen..ramming our ships..watercannoned etc.. we'll see what u see about ur beautiful china
@@LarryMendarosFirstly, China is not plural. Having sorted out your pitiful command of the English language, why not show me what China is doing to fishermen?
Old man take on China is funny 😂