8:00 The Indians WERE coming down on gold and have since reversed their positions after strikes and unrest, because taxing gold is essentially a tax on marriage in India (due to culture and traditions) this pissed off a lot of people.
The moral core of Free Enterprise is earned success. America is not a free market/ enterprise system it's socialist. Capitalism is how to fix America. And yes there are winners and losers in capitalism instead of socialism where everyone loses.
I hope Jim's right about North Korea. Those poor people need to get out from under that boot. North Korea has to be one of the biggest crap holes in the world.
Jim Rogers is basically a mercantilist. Instead of looking at things like capital growth and technology, human capital, ect. that determine growth, he's focusing on trade statistics that only exist because customs officials record them. He should read David Hume and Adam Smith (or at least summaries)
Jim... did you say 1 billion Indians, and 75 million N. Koreans? VERY odd. You are extremely off the mark. In Korea's case 3x. Absurd, coming from you.
![[Arirang Special] Jim Rogers On Untapped Prospects](http://i.ytimg.com/vi/Yj2sZ-O00Q0/mqdefault.jpg)
![[Arirang Special] Jim Rogers On Untapped Prospects](/img/tr.png)
Would you all agree that this Jim Rogers interviews with Forbes is the best interview yet? 'Like' and reply to this post if you think so! :)
It's the one that I remember the most, that's for sure!
Jimmy R. is spot on with much of his comments. Has rode commodity boom for last ten years. Teach your kids some Chinese forget espanol...
Have you looked at his ETF Fund (RJA) lately? It's down almost half in the last five years. It's gone nowhere but down since it started trading.
Learn both
8:00 The Indians WERE coming down on gold and have since reversed their positions after strikes and unrest, because taxing gold is essentially a tax on marriage in India (due to culture and traditions) this pissed off a lot of people.
The moral core of Free Enterprise is earned success. America is not a free market/ enterprise system it's socialist. Capitalism is how to fix America. And yes there are winners and losers in capitalism instead of socialism where everyone loses.
Use silver instead and change the culture "tradition".
"The smart ones will be learning to drive a tractor..." except there's more to farming than driving a tractor!
I hope Jim's right about North Korea. Those poor people need to get out from under that boot. North Korea has to be one of the biggest crap holes in the world.
Don't be CONsumer, be a PROsumer!
Americans can invest in Myanmar now right??????
NO
Same with Cuba and North Korea. America, home of the free...……...
No
Jim is so wrong. Real estate does not last forever, it always goes up....i can't believe! it! selling his index
Jim Rogers is basically a mercantilist. Instead of looking at things like capital growth and technology, human capital, ect. that determine growth, he's focusing on trade statistics that only exist because customs officials record them. He should read David Hume and Adam Smith (or at least summaries)
what is yor investment
have you ever tried growing your veg,lol. i have and you would starve to wait for your veg to grow and be eaten
India sounds like France.
so mrlivepositive8, what you want to talk about, then.
Ｙｏｕ ｂｏｙｓ ｈａｄ ｌｏｔｓ ｏｆ ｆｕｎｄｓ！
oh yeah! lol. perfect solution, when did i say that. you sound like all you have to do is grow your own food and store food and then whoahoo!
lol, you never have grown any food have you? store food, what if people live in a small apartment.
Jim... did you say 1 billion Indians, and 75 million N. Koreans? VERY odd. You are extremely off the mark. In Korea's case 3x. Absurd, coming from you.
so we can all be farmers, don't be idiotic Jim