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Just to let you know my name is David and I'm a scientist. In the year 2006 I discovered that all financial markets world wide are not really "trading" as is believed and portrayed. Instead all markets are being controlled in advance by a computer program. I know this because I broke the code to the computer. I can easily tell you which direction any stock, any currency, any commodity, any ETF, any financial instrument world wide like Bitcoin, Gold, Oil will go for the day whether up or down. I can do this because I broke the code to the computer that's controlling the markets. So the wool is being pulled over everyone's eyes world wide. I'm trying to get the word out and wake people up to this fact.....David
After reading all of these comments , I realized how westerners are dumb as rock .Blaming Jim Rogers as a CCP puppet was a most hilarious part I'ever ever read in this year. Come on, get a life. losers
@@gyuhwachoi5216 You have to try and understand that in the USA they are being brainwashed by the media that China is now the enemy. It's the Zionist/Freemasons that are doing this to them. It gets far worse than that as well, the media brainwashes them about every subject there is under the sun on a quantum level. They live in fear everyday, fear like you cannot begin to imagine. You should have pity on them, not hatred. They simply cannot realize reality because the brainwashing is extremely powerful and comes at them from every angle. The whole country is about to go down, and I mean go down harder than any country ever has before in world history. They will blame the Chinese for this.....war is coming.....but the war is planned on both sides as both of their leaders are Freemasons and all are on the same side......David
@@gyuhwachoi5216 your point? Please share your infinite knowledge. I have followed Jim Rogers since he rode his motorcycle across China in 1994. What do you know?
Iran and China are not trying to eliminate the use of USD. They are transacting in RMB because US sanctions against Iran means they don't have access to Western banking system.
@steve crawford The American Government is well over $150 trillion in debt if you count social security, medicare, and all unfounded liabilities. America is well over 1,000% debt to GDP on that alone. If you count in household debt and corporate debt, America is even worse off. But that's not the worst part. While China may have a lot of debt, they have control of their national bank and their debt holders are not foreigners. The Chinese owe that money to themselves and nobody else. A large chunk of America's debt holders are to foreigners. The rest of that debt is owed to America's Private banking cartel The Federal Reserve Bank. This makes the American debt far more dangerous.
@steve crawford For example, when China pays interests on their debt they in essence pay themselves. That money doesn't disappear from their economy. When America pays interest on their debt that money goes out of their country to foreigners. The rest of that interest is paid to the Federal Reserve who, as a private bank, gets to do whatever they want with it. The Federal Reserve does not answer to the American Government and can't be audited by anyone.
@@TheKnight2017 AT&T, as well as other western engineering companies, invented all the techologies and science that Huawei now uses when the Chinese were raising pigs where the Huawei buildings now stand. Either you are of kindergarten age to not know that or you are a Chinese bot.
@@TheKnight2017 I am not American. And history of science and technology did not start 15 years ago. I am in the technology sector for more than 30 years. Till 20 years ago the only Chinese technology you could buy was woks. Go try selling your BS elsewhere.
I would suggest that Jim step up and put his organs where his mouth is and do a live heart donation by appointment as the fine Chinese are performing on their "re educated" campers.
@@alesh2275 China Xi is a country hillbilly, incompetent, uneducated. Xi will never understand economics and the stock market and free economy. All foreigners and capitals are fleeing from China, Xi is even scaring flights for HK,
I've been a huge fan of Jim for a long time. I've read four of his books. After seeing Kyle Bass interview Steve Bannon though, reading Stealth War, and watching ADV China... I think Jim has lost the plot on this one.
He has not lost the plot. He is defending the immoral choices that he made. Remember: people like him do not just make money because they "see" some opportunities better than others, they CREATE the circumstances to the detriment of billions of people.
I used to respect him but I can see that all he thinks about is himself. After all, he only trades on his OWN BEHALF and he is getting old so he won't want to lose any money. Therefore he will say whatever it takes to ensure that his investments in China don't go down.
I'm confused by all the dismissing comments. In my lifetime following this man he has made a couple dozen macroeconomic calls correctly. I have jumped on a number of them to the tune of tens of thousands. Please don't misconstrue on the fly statements into extrapolation of him hating or loving some government. He's telling you outlooks and trends and tells you to do your own research.
Agreed. Just simply stating facts is tantamount to supporting a Fascist baby eating regime. Ppl need to drop their rose tinted glasses and view reality objectively without bias.
Rogers is so wrong on China, maybe he got too much money into the con man 's hand already; most foreigners will lose all their money inside China; even if you made billons; China will not allow you to take any money out, or try to threaten you; how about a 35% tax to take the money out; or China will boycott your products or threaten to shut you you in China; or just put you in prison, torture you until you commit suicide. Many billionaires already murdered by China.
Hong Kong became Hong Kong because of the British not MT-T. The people of Hong Kong have one of the most important financial centers in the world with international importance. His dismissal of Hong Kong says everything. No thank you, Jim.
Remember, this guy made his fortune as a contrary investor. If this comment section is overwhelmingly against him, you know where to place your winning bet.
No matter how many times Mr. Rogers praises China, he is still a USA citizen. He talks about China from the perspective of a foreign speculator. To him, China, Russia, North Korea means places he can buy things at a cheaper price.
Letting his daughters learning Chinese is maybe he thinks learning it can train their brain because it is difficult. I respect him but I think his word may misguide some people.
@@robertspencer5219 Well, he clearly does not care about the outcome in Hong Kong. Those people are disposable. Transactional. All that matters to him is to be able to move his chunk of cash around at more or less the right time to add or maintain his personal wealth and lifestyle. Any snarky reply, Mr Spencer?
@@rpzdesign It's easy to be an armchair keyboard warrior and say you believe in the rights of Hong Kong people. Yet, in it's entire history of being dominated and abuse by Western powers you people did nothing for them. Up until 1997, Westerners could have granted true Democracy to Hong Kong while it was under British rule. But you didn't. They were treated as colonial subjects, unable to vote for their own ruling Government. Now the Chinese do the same thing and you Westerners are all upset about no Democracy in Hong Kong. If the CCP is evil for treating Hong Kong this way, you Westerners are not much better.
@@deadbutmoving Another delusion idiot making moral equivalency. Why don't you take your case to the people on the streets of Hong Kong. You are probably a CCP troll. As you said, Westerners are not much better, but we are BETTER you tool.
China is the worst of the three. At least Japan became rich before they became demographically old. China won't achieve that, and as others have said, their debt level is over the top.
@@justlina2769 Where do you get the data that China has a debt problem? Public debt can't be it? It's a net creditor nation. Interest rates are still relatively high. Actually I've read that Chinese companies are underleveradged, which hampers economic growth.
4comment0nly ...he made his first billions with Soros by breaking the Bank of England. It was an inside deal with the Rothschilds. Soros is a Rothschild agent and Rogers was his CIA partner. This is the reality of the situation.
GrasslandHerbivore It is possible to know how much debt China owes and as many analysts have tried their best to inflate the figure, you can be certain that the actual debt will be within that figure. For the US, the debt of USD 23 trillion or 110% GDP is only national debt. There are huge corporate debts (because of the low interest environment) which is used for corporate buybacks, household debts, credit debts, financial debts, unfounded social liabilities etc.
The US has the most debt because the US also has the largest size in economy. If we put things into context and use debt per GDP ratio as a measurement of the 'health' of an economy, Chinese debt is even higher than the US.
Another great interview. Thank you real vision. I’m really liking the negative comments towards mr. Rogers, it reminds me why I stay the course opposite of the crowd(contrarian) and why the majority are always wrong.
Can't stay the entire interview after hearing the words "Chinese government handles the situation in HK quite well". Such a friendly "hugging panda" elite.
Huge question: *Why does it seem that all the big AMERICAN financial experts interviewed on this channel recently SEEM TO BE PRO mainland CHINA and PRO CCP???* My speculation: All these big American players in the financial market have had much to gain by supporting the CCP and are hoping to continue to gain with continue their support even though their actions are subverting the American principle of liberty.
Blaming what’s coming on Trump is completely wrong it’s engineered this way we’ve seen it many times before. Who would you rather have during this Hillary and Bernie handling this problem it would’ve happened by now with them
I'm a Bitcoin investor and I came here for BTC vs USD but I like this guy. He sees the future more clearly than most people even if you disagree with him. History will prove he was right. After his Dollar top cycle probably 20years out Cryto will be king. Anyway, I like that he's is open minded. Heavily contrarian investor, Buys ONLY what's hated. zimbabwe, Russia etc. Awesome!
This guy said so many things which go against common sense, that I am a little bothered by the fact that the host did not challenge him at all. The guy predicts dollar collapse, and he will be getting rich by buying Chinese currency. He thinks young Japanese kids have no future. He thinks that we have a misguided "trade war" with China. I personally think that what the media calls "trade war" is simply a meek effort by the US to level the playing field with China. We don't have free access to the China market at all. They shouldn't have free access to the US market either. We need to trade on reciprocal terms. The same applies to the EU and Korea/Japan. The US has a long way to go until we normalize our trading relationships and until we develop a mutually-beneficial attitude toward the rest of the world and our allies in particular. Trump is only the first vestige of the process. It will take decades to normalize a policy which has been skewed extremely into laissez-faire ideological garbage.
Wow! Jim Rogers is getting old, or he let his guard down. There is no property without Freedom. I think he should surrender his US citizenship and see how his Freedom works in other countries.
Negative interest rates on monopoly money, thats funny, but it's no joke.
5 років тому+1
No Joke, but in hindsight Jim understood the power of Propaganda and Debt Based destruction of real money a long time ago. Soros taught him what was going to happen, and he has kept his dignity in our minds putting his money where his real heart is. I still like him.
So much hate for Jim Rogers, I don't really get it, i've followed him for years and he's made some great calls - eg he said buy the Russian market a year ago and it's up 50% since - each to their own I suppose
In1992 on CNBC Jim Rogers briefly had his "inflation index" because it drastic inflation was about to come and it was "time" to buy precious metals. In other words, Jim is a broken record.
I guess for Rogers its easy to talk about investing in China and Russia because you can make money. However, I find it very hard to come to any justification to invest in China or Russia because both of those countries are opponents of the U.S. and by extension the western world. They will let you grow rich as they intertwine everything with our economy, culture, politics, etc. China will never have to fire a shot before it is too late and they will have won. China is very worried about Hong Kong. If they roll in and crush skulls, the capital flight and divestment by the West will do serious damage to the Communists in Beijing. However, they can't afford to let this continue either.
Didn't Trump have a big meeting with all the tech executives in the US when he first got into office and they said IP theft was the there biggest concern. China has a unique ability to be punitive towards companies. Coming to congress to single yourself out could be very risky to investments in China. Btw the IP theft isn't production methods a lot of it is in the tech sector, software, hardware design.
There is no way Shang Hai could replace Hong Kong in foreseeable future. Free flow of capital, free flow of information, and mature juridical system backed by rule of law are indispensable for international financial hub. Shang Hai does not have any of those now, and China cannot afford loosen the tight grip to allow any of those.
Jim Roger is so astute as a business man. He is right in saying Shenzhen is on the rise and I believe the Greater Bay Area will. I can bet that in the next 5 years your investment will double if investing there now. It can only go up at the prices now are so low.
Not just China but the Eurozone has been trying to supplant the USD for about 20 years now with nothing to show for it. Someone should try answering that question first before prognosticating on the death of the USD.
I see Mr Rogers isn't popular here, wonder why y'all watched. I think he's honest. We shouldn't blame China, "we" want their cheap stuff. I support what Thrumps doing - he just got the mess we handed him. Mr Rogers has excellent points.
"I'm buying rmb as a dollar hedge and teaching my kids chinese" for somebody who is so confident in future Chinese success he glosses over a lot( housing market, Xinjiang and Hong Kong to name a few.) And offers no insight in terms of recipes for Chiang's future success. Also he harps on Brussels yet heaps praise on China when you get to old you fail to appreciate irony at all? Next time he comes on, somebody has to get him to layout how China becomes the next mega ultra state. The Americans have been offering national and trade security services for free, what can China afford to offer the world for free?
You forget how myopic boomers are about the USA until you watch an interview like this. Said to see someone who is so fundamentality unamerican as Jim.
Xinjiang is a human rights problem, it doesn’t affect the ccp regime, the scandal wouldn’t even have come out of the chinese border if not that some ccp government officers rejected following orders from Beijing on the Xinjiang imprisonments and they themselves got enjailed for speaking up....
China has the world's largest market size and also the world's largest middle class population to offer (bigger than the US), so economically, this is an incentive that many countries find too enticing to pass on. Defense wise, China doesn't have as much as the US to offer, but it's certainly set to change, just look at what they did in the South China Sea and stuff. These are all telling signs that China is willing to step up its game. The next big issue that remains to be seen if China can solve would be its currency issues, and if they have a feasible plan for it to replace the mightly USD.
Jim Roger said he is the citizen of "the land of the free". I would suggest Jim Rogers to walk his talk, and move him and his family to China. And has a taste of "the land of the free" is like.
the era of finance is miserably coming to a stop science and sustainable development is the real play and moving away from a consumer lifestyle is the key
26:05 unelected absurb bureaucrats? Maybe or maybe not absurb bureaucrats, but not unelected. European Parlement is chosen bij the citizens of the EU, al organizations in the EU are chosen by the elected European Parlement or elected national goverments.
Norway is currently the only western nation that does not operate every year at a deficit and has no national debt. Its Sovereign Wealth Fund is the largest cache of cash for a nation other than the Saudi fund and they often surpass one another for the first place position. Norway's population is also very small at 5.2 million. Unfortunately, the Norwegian fund has decreased its holding in gold and assets that are best for an economic catastrophe and has holdings that will do down in such an environment.
Such happy fellow, but why no negative interest rates for thirty years, bc it never happened ? @ 8:33 Just before that, what never happened was a Central Bank in USA. And before that : no IRS in USA, guaranteed by the Constitution. But it happened.
i miss Jimmy in the U.S. Hated to see him move to Singapore. We are in a Bull trap and shorting eq"s will pay off when the bubbles he discusses bursts sometime in the next 12 months.
When the US Congress has decided to further decouple with China by lifting the free trade status of Hong Kong. This decoupling will not bode well for the US as the coupled world economy is supporting the global business of US enterprises. Without global coupling who will be on the side of the US when things get undone. Very few countries, as most countries still think a coupled world is a better world. With decoupling of the global supply chain, the US will be similar to be an import substitution economy. But no country benefits from that. India used to have a GDP higher than China’s but keeping to an import substitution economy, India’s GDP slipped to just about 20% of China’s GDP until the last decade when it started keeping pace with China.
Its amazing that all these people who say there in the know, and predict the world wide crash that never comes, I've been seeing this on UA-cam for years but the world economy is still ticking over and will continue to do so
The Western debt problem could be solved in 5 years if the bleeding of technology, jobs and wealth to China stops. Then you can normalize interest rates, solve environmental issues... everything will be on the right path again.
China has been keeping its currency artificially low to give them an advantage on exports. If anything the Chinese current must be artificially high to create a more diverse economy that is not just export manufacturing based,but also consumer based so the people of China can benefit.
China's currency was held up by their central bank as they were trying to ramp up more consumption until the Trade War. Why would you devalue to make things more expensive for consumers locally? The Trade War happened and Free Market forces dictate that their currency should depreciate, and it did. Investments left China or did not go through and their economy shrunk, hence, reflected in the devalued RMB. Don't be a mainstream parrot.
Farming may be a disaster for the small farmers. But how about for the big corporate farmers. Couldn't a large Japanese company buy the farmland in Japan.
![Lp. Сердце Вселенной #60 РОЖДЕНИЕ ЛОЛОЛОШКИ [Финал] • Майнкрафт](http://i.ytimg.com/vi/YoR0pAV9FVQ/mqdefault.jpg)
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Just to let you know my name is David and I'm a scientist. In the year 2006 I discovered that all financial markets world wide are not really "trading" as is believed and portrayed. Instead all markets are being controlled in advance by a computer program. I know this because I broke the code to the computer. I can easily tell you which direction any stock, any currency, any commodity, any ETF, any financial instrument world wide like Bitcoin, Gold, Oil will go for the day whether up or down. I can do this because I broke the code to the computer that's controlling the markets. So the wool is being pulled over everyone's eyes world wide. I'm trying to get the word out and wake people up to this fact.....David
After reading all of these comments , I realized how westerners are dumb as rock .Blaming Jim Rogers as a CCP puppet was a most hilarious part I'ever ever read in this year. Come on, get a life. losers
@@gyuhwachoi5216 You have to try and understand that in the USA they are being brainwashed by the media that China is now the enemy. It's the Zionist/Freemasons that are doing this to them. It gets far worse than that as well, the media brainwashes them about every subject there is under the sun on a quantum level. They live in fear everyday, fear like you cannot begin to imagine. You should have pity on them, not hatred. They simply cannot realize reality because the brainwashing is extremely powerful and comes at them from every angle. The whole country is about to go down, and I mean go down harder than any country ever has before in world history. They will blame the Chinese for this.....war is coming.....but the war is planned on both sides as both of their leaders are Freemasons and all are on the same side......David
@@gyuhwachoi5216 your point? Please share your infinite knowledge. I have followed Jim Rogers since he rode his motorcycle across China in 1994. What do you know?
@@martinmclean5985 My point is clear. Westerners are just ignorant about culture from different world.
Iran and China are not trying to eliminate the use of USD. They are transacting in RMB because US sanctions against Iran means they don't have access to Western banking system.
He never mentions China's debt or demographics.
iampennochio Who will talk of US debt which is much higher?
@steve crawford The American Government is well over $150 trillion in debt if you count social security, medicare, and all unfounded liabilities. America is well over 1,000% debt to GDP on that alone. If you count in household debt and corporate debt, America is even worse off. But that's not the worst part.
While China may have a lot of debt, they have control of their national bank and their debt holders are not foreigners. The Chinese owe that money to themselves and nobody else. A large chunk of America's debt holders are to foreigners. The rest of that debt is owed to America's Private banking cartel The Federal Reserve Bank. This makes the American debt far more dangerous.
@steve crawford For example, when China pays interests on their debt they in essence pay themselves. That money doesn't disappear from their economy. When America pays interest on their debt that money goes out of their country to foreigners. The rest of that interest is paid to the Federal Reserve who, as a private bank, gets to do whatever they want with it. The Federal Reserve does not answer to the American Government and can't be audited by anyone.
steve crawford so you say 40 billions debt for 1.3 billions, that’s 31 dollars per person, right?
China has 1.3 billion smart people
Anyone notice all the globes in the room, looks like some globalists are real literal about things.
on the globe next to him. why does it look like japan is connected to china ?
His rug is also a globe.
Yes and all the globes randomly highlight china in the frame, which is odd in itself.
Steve Bannon's worst nightmare
@@thatlithornet6421 you guys are so obsessed that you start hallucinating
Justifies stealing intellectual property.....justifies breaking international law....everything you need to know in one statement
I thought ATnT stole HUAWEI patents and legislation put up say they don't need to pay. Hypocrisy is really strong with America these days
@@TheKnight2017 AT&T, as well as other western engineering companies, invented all the techologies and science that Huawei now uses when the Chinese were raising pigs where the Huawei buildings now stand.
Either you are of kindergarten age to not know that or you are a Chinese bot.
@@defendliberty1289 perfect example how Americans are living in delusions. Study the patents laws please, if you can even read.
@@TheKnight2017 I am not American. And history of science and technology did not start 15 years ago. I am in the technology sector for more than 30 years. Till 20 years ago the only Chinese technology you could buy was woks. Go try selling your BS elsewhere.
@@defendliberty1289 Again read the patent laws, if you can read. 🤦🤦🤦
Rogers talks like a lobbyist for China
B H shut up fool - another perspective thats all
@@ednan9 Lover of tyrants says "shut up!".
I used to respect Jim Rogers because I thought he was objective...oh how the times have changed.
gferr79 I love the part where he says Beijing is supposedly handling events very well .....
@James Zell After watching the interview and his body language I wouldn't be surprised.
I would suggest that Jim step up and put his organs where his mouth is and do a live heart donation by appointment as the fine Chinese are performing on their "re educated" campers.
@@alesh2275 China Xi is a country hillbilly, incompetent, uneducated. Xi will never understand economics and the stock market and free economy. All foreigners and capitals are fleeing from China, Xi is even scaring flights for HK,
He's too invested in the communist world to be objective
A liar, Chinese equity market has had a negative return since he started pumping that market.
Few things to correct
12:00 China doesn't allow bankruptcies, they have biggest bad debt in all countries, they keep things afloat.
I've been a huge fan of Jim for a long time. I've read four of his books. After seeing Kyle Bass interview Steve Bannon though, reading Stealth War, and watching ADV China... I think Jim has lost the plot on this one.
He has not lost the plot.
He is defending the immoral choices that he made.
Remember: people like him do not just make money because they "see" some opportunities better than others, they CREATE the circumstances to the detriment of billions of people.
Defend Liberty they used to manufacture the wins, but now they are following the dictor winners.
He’s doubling down
I used to respect him but I can see that all he thinks about is himself. After all, he only trades on his OWN BEHALF and he is getting old so he won't want to lose any money. Therefore he will say whatever it takes to ensure that his investments in China don't go down.
He's so right if you're listening. He's not who he is for no reason.
Brilliant and insightful interview. Love Jim Rogers. 👍👍👍
I'm confused by all the dismissing comments. In my lifetime following this man he has made a couple dozen macroeconomic calls correctly. I have jumped on a number of them to the tune of tens of thousands. Please don't misconstrue on the fly statements into extrapolation of him hating or loving some government. He's telling you outlooks and trends and tells you to do your own research.
Yep... you put together all the dismissive posters multiply by a billion, and you still wouldn't match Rogers investing track record.
Agreed. Just simply stating facts is tantamount to supporting a Fascist baby eating regime. Ppl need to drop their rose tinted glasses and view reality objectively without bias.
Rogers is so wrong on China, maybe he got too much money into the con man 's hand already; most foreigners will lose all their money inside China; even if you made billons; China will not allow you to take any money out, or try to threaten you; how about a 35% tax to take the money out; or China will boycott your products or threaten to shut you you in China; or just put you in prison, torture you until you commit suicide. Many billionaires already murdered by China.
youre confused because you need to know china better. the myasians guy is dead on the money.
I will come back to this clip yearly to verify his prediction.
Como on man!!! Seriously? This guy lost all credibility when he said that the Chinese are not stealing intellectual property!
Tesla!
@@gustavodiaz4689 🤣🤣🤣🤣👎👎👎 ignorant.Tesla is an open company
Hong Kong became Hong Kong because of the British not MT-T. The people of Hong Kong have one of the most important financial centers in the world with international importance. His dismissal of Hong Kong says everything. No thank you, Jim.
Remember, this guy made his fortune as a contrary investor. If this comment section is overwhelmingly against him, you know where to place your winning bet.
go for it, china is awesome
Most people in comment section are not happy to hear what they dont want to hear. Human nature.
No matter how many times Mr. Rogers praises China, he is still a USA citizen. He talks about China from the perspective of a foreign speculator. To him, China, Russia, North Korea means places he can buy things at a cheaper price.
Letting his daughters learning Chinese is maybe he thinks learning it can train their brain because it is difficult. I respect him but I think his word may misguide some people.
I just love the comments, people are awake and hip to the scheme.
This guy wishing a lot, he is trying to sell a bs.
Yes I agree he is talking nonsense...
Thank you for your ignorance. Been there,done that. He's genius.
Yeah sure, an evil genius. Wishing great nations to fail in other words a wishing genius ps.
@@error0209 His opinion sounds like he doesn't take into account human factor.
THE CCP IS THE Evirliest ORGANIZATION IN THE WORLD it KILLED 80 MILLION CHINESE
Jim Rogers guys is not a free man's friend.
Why, what do you know?
@@robertspencer5219 Well, he clearly does not care about the outcome in Hong Kong. Those people are disposable. Transactional. All that matters to him is to be able to move his chunk of cash around at more or less the right time to add or maintain his personal wealth and lifestyle. Any snarky reply, Mr Spencer?
@@rpzdesign It's easy to be an armchair keyboard warrior and say you believe in the rights of Hong Kong people. Yet, in it's entire history of being dominated and abuse by Western powers you people did nothing for them. Up until 1997, Westerners could have granted true Democracy to Hong Kong while it was under British rule. But you didn't. They were treated as colonial subjects, unable to vote for their own ruling Government. Now the Chinese do the same thing and you Westerners are all upset about no Democracy in Hong Kong. If the CCP is evil for treating Hong Kong this way, you Westerners are not much better.
@@deadbutmoving Another delusion idiot making moral equivalency. Why don't you take your case to the people on the streets of Hong Kong. You are probably a CCP troll. As you said, Westerners are not much better, but we are BETTER you tool.
He understands the world, simple as that.
He's wrong about 'trade wars' in history. Germany benefitted under Bismarck for over a decade from aggressive trade tactics.
And that ended how???
True dat. And the U.S. is WINNING this trade war! Trump just made a deal to sell rice to China! This guy is irrelevant now.
He cites Japan's demise due to demographics then touts RUSSIA? Lost me there.
The economic news confirms what he says. Maybe you are only watching us channels
Russia has zero debt. Creating great infrastructure. How is Russia a bad move in the future?
China is the worst of the three. At least Japan became rich before they became demographically old. China won't achieve that, and as others have said, their debt level is over the top.
@@justlina2769 Where do you get the data that China has a debt problem? Public debt can't be it? It's a net creditor nation. Interest rates are still relatively high. Actually I've read that Chinese companies are underleveradged, which hampers economic growth.
Money blinds the heart
Where was this filmed? Who's location?
He bought gold when it was illegal in '71. People breaking rules to get ahead and want everyone else to stay straight and narrow... SNFH
My question is how much money you received for promoting CCP Mr. Roger?
Billions upon billions.
4comment0nly ...he made his first billions with Soros by breaking the Bank of England. It was an inside deal with the Rothschilds. Soros is a Rothschild agent and Rogers was his CIA partner. This is the reality of the situation.
Sounds exactly like the kind of person who loves communist party
@@magicmark1837 Maybe you should write the screenplay.
He is one of the richest man in the world . Think about it
Wasn't mr. Rogers United States citizen born in America ??? And who and what does he now support ???
You're one of those people he's talking about, who'll blame Asia for the failings of the US when that happens. 😅😂😂
Mr. Rogers
People in the comment section seem more concerned about this guy then the record debt he is describing and warning them about.
people hear what they wanna hear see what they wanna see. do what other people dont.
Jim Rogers says the US has the most debt of any nation in history while discussing China, which has how much debt again?
@Hans Weissman Great point, it is impossible to know what is going on when the CCP can invent any figure they please..
GrasslandHerbivore It is possible to know how much debt China owes and as many analysts have tried their best to inflate the figure, you can be certain that the actual debt will be within that figure. For the US, the debt of USD 23 trillion or 110% GDP is only national debt. There are huge corporate debts (because of the low interest environment) which is used for corporate buybacks, household debts, credit debts, financial debts, unfounded social liabilities etc.
The US has the most debt because the US also has the largest size in economy. If we put things into context and use debt per GDP ratio as a measurement of the 'health' of an economy, Chinese debt is even higher than the US.
Seems to have nailed the WeWork fiasco.
this guy is like a batman villain
A true mainland china supporter
This guy is very smart...so is Soros.
Kiril Mihaylov No, just Satanic.
so is satan
"I'm teaching my children Chinese."
Done.
Well yeah? Please tell us when the rmb will become fully convertible.
I don’t even think he believes in what he said, when he said it...
Wow! What a great interview
Another great interview. Thank you real vision. I’m really liking the negative comments towards mr. Rogers, it reminds me why I stay the course opposite of the crowd(contrarian) and why the majority are always wrong.
Can't stay the entire interview after hearing the words "Chinese government handles the situation in HK quite well".
Such a friendly "hugging panda" elite.
Compare to Venezuela, US and many other countries. What other tactics can you suggest to the China government when dealing with violent protest?
@StrangeLove Are you saying HK government is doing that? Please provide some proof. Thanks,
How is American government handling their protests?
The period of turmoil, 5:48 , has just occurred with the China Communist Party virus pandemic.
It is now wrecking havoc to the world economy.
Huge question: *Why does it seem that all the big AMERICAN financial experts interviewed on this channel recently SEEM TO BE PRO mainland CHINA and PRO CCP???*
My speculation: All these big American players in the financial market have had much to gain by supporting the CCP and are hoping to continue to gain with continue their support even though their actions are subverting the American principle of liberty.
Blaming what’s coming on Trump is completely wrong it’s engineered this way we’ve seen it many times before.
Who would you rather have during this Hillary and Bernie handling this problem it would’ve happened by now with them
Great interview. Always interesting to hear, to Mr Rogers. Thank you, for this!!
I'm a Bitcoin investor and I came here for BTC vs USD but I like this guy. He sees the future more clearly than most people even if you disagree with him. History will prove he was right. After his Dollar top cycle probably 20years out Cryto will be king. Anyway, I like that he's is open minded. Heavily contrarian investor, Buys ONLY what's hated. zimbabwe, Russia etc. Awesome!
Thank you Real Vision for bringing all these great content to us
Farmers in Europe quite being farmer because of Government regulations while for farmland in Japan and Canada they can't find farmers. Amazing.
The real world is all about power, not people's power by military power?
Stalin said, "The Pope! How many divisions does he have?". Today the Vatican is still influential. The USSR is long gone..
The real reason Jim moved to Singapore is because it is a well-known tax haven for the super rich.
This guy said so many things which go against common sense, that I am a little bothered by the fact that the host did not challenge him at all. The guy predicts dollar collapse, and he will be getting rich by buying Chinese currency. He thinks young Japanese kids have no future. He thinks that we have a misguided "trade war" with China. I personally think that what the media calls "trade war" is simply a meek effort by the US to level the playing field with China. We don't have free access to the China market at all. They shouldn't have free access to the US market either. We need to trade on reciprocal terms. The same applies to the EU and Korea/Japan. The US has a long way to go until we normalize our trading relationships and until we develop a mutually-beneficial attitude toward the rest of the world and our allies in particular. Trump is only the first vestige of the process. It will take decades to normalize a policy which has been skewed extremely into laissez-faire ideological garbage.
Wow! Jim Rogers is getting old, or he let his guard down. There is no property without Freedom. I think he should surrender his US citizenship and see how his Freedom works in other countries.
"in other countries"? You really should visit "other countries".
Negative interest rates on monopoly money, thats funny, but it's no joke.
No Joke, but in hindsight Jim understood the power of Propaganda and Debt Based destruction of real money a long time ago. Soros taught him what was going to happen, and he has kept his dignity in our minds putting his money where his real heart is. I still like him.
So much hate for Jim Rogers, I don't really get it, i've followed him for years and he's made some great calls - eg he said buy the Russian market a year ago and it's up 50% since - each to their own I suppose
well that one is an exception, but his talk about usa china and japan is horse&&&&
In1992 on CNBC Jim Rogers briefly had his "inflation index" because it drastic inflation was about to come and it was "time" to buy precious metals. In other words, Jim is a broken record.
I guess for Rogers its easy to talk about investing in China and Russia because you can make money. However, I find it very hard to come to any justification to invest in China or Russia because both of those countries are opponents of the U.S. and by extension the western world. They will let you grow rich as they intertwine everything with our economy, culture, politics, etc. China will never have to fire a shot before it is too late and they will have won. China is very worried about Hong Kong. If they roll in and crush skulls, the capital flight and divestment by the West will do serious damage to the Communists in Beijing. However, they can't afford to let this continue either.
@22:42 Yes they do. They have Triumph motorcycles. Triumph is the engine supplier to the Moto2 series. C'mon man.
Didn't Trump have a big meeting with all the tech executives in the US when he first got into office and they said IP theft was the there biggest concern. China has a unique ability to be punitive towards companies. Coming to congress to single yourself out could be very risky to investments in China.
Btw the IP theft isn't production methods a lot of it is in the tech sector, software, hardware design.
Knowledgeable young man
He lost me when he said hes buying north korea and zimbabwe...lol
There is no way Shang Hai could replace Hong Kong in foreseeable future. Free flow of capital, free flow of information, and mature juridical system backed by rule of law are indispensable for international financial hub. Shang Hai does not have any of those now, and China cannot afford loosen the tight grip to allow any of those.
Jim Roger is so astute as a business man. He is right in saying Shenzhen is on the rise and I believe the Greater Bay Area will. I can bet that in the next 5 years your investment will double if investing there now. It can only go up at the prices now are so low.
Now any money invested in China will be lost forever. I came from China and I know the stock market and the business in that country very well
Has Jim Roger invested a lot of money in China ?
Mr Rogers still has time to start with German language course for his daughters:)
Miroslava Vasileva ....the germans will learn chinese.
Miroslava Vasileva ...and Arabic....
I guess you are referring to how his daughters have a Chinese nanny each so that they could be fluent in Mandarin.
@@FallofBerlinWall yes.
Magic Mark, it is free to dream:)
When the system collapses I can only gain by climbing the ladder of chaos. I have nothing to lose so I can only gain or die trying.
I would respect mr Rogers so much more if he actually lived in China. Put your money where your mouth is.
Not just China but the Eurozone has been trying to supplant the USD for about 20 years now with nothing to show for it. Someone should try answering that question first before prognosticating on the death of the USD.
"Tell me about Hong Kong",
Jim: "well, I'm not really paying attention"...but jim knows its going to blow over 🙄🙄
Considering the PLA still hasn't shown up, and not a single protestor killed directly by the police, I would call that well handled.
Words of wisdom from the legend!
This guy doesn't have a clue on geopolitics - he needs to read more than just financial history.
@Heidi Yodel The experts like David Hogg and Emma Gonzaaaalezzzzzzzz
May be you know better....he is a billionaire
How would these US bureaucrats worry? By the time US hegemony ends and the economy crumbles , they would not be around.
Jim Rogers is a prophet.
Now the turmoil has started.
I see Mr Rogers isn't popular here, wonder why y'all watched. I think he's honest. We shouldn't blame China, "we" want their cheap stuff. I support what Thrumps doing - he just got the mess we handed him. Mr Rogers has excellent points.
This is why I love London real they listen to all opinions including the Globalist
fair enough i agree bring on the sunlight
"I'm buying rmb as a dollar hedge and teaching my kids chinese" for somebody who is so confident in future Chinese success he glosses over a lot( housing market, Xinjiang and Hong Kong to name a few.) And offers no insight in terms of recipes for Chiang's future success. Also he harps on Brussels yet heaps praise on China when you get to old you fail to appreciate irony at all?
Next time he comes on, somebody has to get him to layout how China becomes the next mega ultra state. The Americans have been offering national and trade security services for free, what can China afford to offer the world for free?
You forget how myopic boomers are about the USA until you watch an interview like this. Said to see someone who is so fundamentality unamerican as Jim.
steve crawford freedom of speech is respected but claims without investigation proofs may well be just rumors
Xinjiang is a human rights problem, it doesn’t affect the ccp regime, the scandal wouldn’t even have come out of the chinese border if not that some ccp government officers rejected following orders from Beijing on the Xinjiang imprisonments and they themselves got enjailed for speaking up....
@@mitchtherighteous couldn't agree more. He has sold his soul.
China has the world's largest market size and also the world's largest middle class population to offer (bigger than the US), so economically, this is an incentive that many countries find too enticing to pass on. Defense wise, China doesn't have as much as the US to offer, but it's certainly set to change, just look at what they did in the South China Sea and stuff. These are all telling signs that China is willing to step up its game. The next big issue that remains to be seen if China can solve would be its currency issues, and if they have a feasible plan for it to replace the mightly USD.
Jim Roger said he is the citizen of "the land of the free". I would suggest Jim Rogers to walk his talk, and move him and his family to China. And has a taste of "the land of the free" is like.
great opinions, fundamentally agree with Mr Rogers, that's why I left France to go living in China, as an architect nothing compared to Europe..
the era of finance is miserably coming to a stop
science and sustainable development is the real play and moving away from a consumer lifestyle is the key
26:05 unelected absurb bureaucrats? Maybe or maybe not absurb bureaucrats, but not unelected. European Parlement is chosen bij the citizens of the EU, al organizations in the EU are chosen by the elected European Parlement or elected national goverments.
Norway is currently the only western nation that does not operate every year at a deficit and has no national debt. Its Sovereign Wealth Fund is the largest cache of cash for a nation other than the Saudi fund and they often surpass one another for the first place position. Norway's population is also very small at 5.2 million. Unfortunately, the Norwegian fund has decreased its holding in gold and assets that are best for an economic catastrophe and has holdings that will do down in such an environment.
Such happy fellow, but why no negative interest rates for thirty years, bc it never happened ? @ 8:33
Just before that, what never happened was a Central Bank in USA.
And before that : no IRS in USA, guaranteed by the Constitution. But it happened.
I agree Russia is by far the cheapest and US most expansive market out there. I am surprised Roger never mentioned India.
no
Chinese propaganda.
SO MUCH INTERESTING
thank you
Trade War is not permanent. We've been living with tariffs throughout history. So what.
i miss Jimmy in the U.S. Hated to see him move to Singapore. We are in a Bull trap and shorting eq"s will pay off when the bubbles he discusses bursts sometime in the next 12 months.
When the US Congress has decided to further decouple with China by lifting the free trade status of Hong Kong. This decoupling will not bode well for the US as the coupled world economy is supporting the global business of US enterprises. Without global coupling who will be on the side of the US when things get undone. Very few countries, as most countries still think a coupled world is a better world. With decoupling of the global supply chain, the US will be similar to be an import substitution economy. But no country benefits from that. India used to have a GDP higher than China’s but keeping to an import substitution economy, India’s GDP slipped to just about 20% of China’s GDP until the last decade when it started keeping pace with China.
Great video!
Its amazing that all these people who say there in the know, and predict the world wide crash that never comes, I've been seeing this on UA-cam for years but the world economy is still ticking over and will continue to do so
Your teaching your children Chinese, you mean your children are teaching you Chinese.
The Western debt problem could be solved in 5 years if the bleeding of technology, jobs and wealth to China stops. Then you can normalize interest rates, solve environmental issues... everything will be on the right path again.
Don't worry = You better be f-ing worry, if you're smart... you're very worried. The King has no clothes!
China has been keeping its currency artificially low to give them an advantage on exports. If anything the Chinese current must be artificially high to create a more diverse economy that is not just export manufacturing based,but also consumer based so the people of China can benefit.
China's currency was held up by their central bank as they were trying to ramp up more consumption until the Trade War. Why would you devalue to make things more expensive for consumers locally?
The Trade War happened and Free Market forces dictate that their currency should depreciate, and it did. Investments left China or did not go through and their economy shrunk, hence, reflected in the devalued RMB.
Don't be a mainstream parrot.
RMB will go busted, China is bankrupt.
@@myasians I see you're very well versed in Economics
Jim be honest and tell us where you keep your Gold and Silver Please!!!
20:15 " Swiss national currency backed by Facebook". This explains facebook Libra initiative?
Interesting idea, I'll go buy some Singapore real estate.
Fyi north sea/Scotland oil is the most expensive in the world to produce.
Still needed though
Farming may be a disaster for the small farmers. But how about for the big corporate farmers. Couldn't a large Japanese company buy the farmland in Japan.