Comments on: Jim Rogers On Euro, Pound and Autos http://www.allthingsjimrogers.com/2009/01/27/jim-rogers-on-euro-pound-and-autos/#utm_source=feed&utm_medium=feed&utm_campaign=feed An unauthorized Jim Rogers blog Wed, 25 May 2011 19:38:05 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Mac http://www.allthingsjimrogers.com/2009/01/27/jim-rogers-on-euro-pound-and-autos/comment-page-1/#comment-154 Mac Thu, 29 Jan 2009 02:24:16 +0000 http://www.allthingsjimrogers.com/?p=252#comment-154 Agreed. Right now, the Asian countries service our consumers. It's about time they create their own consumers, especially China, who is adding 15 million people to the middle class each year. They're all going to want iPods, Pickup Trucks and lattes. Once their economies start cranking up for themselves and not for the US, we're toast -- heck, we might be already. Why would China lend the US $1.5 - $3 Trillion for infrastructure projects here, when they can build their own infrastructures? Time to learn Mandarin? do they have a Mandarin for Dummies or something of this nature? Mac Agreed. Right now, the Asian countries service our consumers. It’s about time they create their own consumers, especially China, who is adding 15 million people to the middle class each year. They’re all going to want iPods, Pickup Trucks and lattes. Once their economies start cranking up for themselves and not for the US, we’re toast — heck, we might be already.

Why would China lend the US $1.5 – $3 Trillion for infrastructure projects here, when they can build their own infrastructures?

Time to learn Mandarin?

do they have a Mandarin for Dummies or something of this nature?

Mac

]]> By: Admin http://www.allthingsjimrogers.com/2009/01/27/jim-rogers-on-euro-pound-and-autos/comment-page-1/#comment-153 Admin Wed, 28 Jan 2009 15:09:02 +0000 http://www.allthingsjimrogers.com/?p=252#comment-153 My guesss is Ji would go with some Asian curreny whether it be Yuan, Yen,etc. I do not know. But, Jim has opened my eyes to how "healthy" and cash rich these Asian companies have become. They are the ones buying our treasuries, exporting like crazy, and whose financial crisis might not be as deep as ours. My guesss is Ji would go with some Asian curreny whether it be Yuan, Yen,etc. I do not know. But, Jim has opened my eyes to how “healthy” and cash rich these Asian companies have become. They are the ones buying our treasuries, exporting like crazy, and whose financial crisis might not be as deep as ours.

]]> By: mac http://www.allthingsjimrogers.com/2009/01/27/jim-rogers-on-euro-pound-and-autos/comment-page-1/#comment-152 mac Wed, 28 Jan 2009 04:32:13 +0000 http://www.allthingsjimrogers.com/?p=252#comment-152 “The euro will not be around in the next 20 years, but Britain would have been better off had it joined the single European currency when it had a chance” This is a very bold statement from Jim. And i suppose only time will tell. Interestingly, Peter Schiff often states that he sees the Euro as being the strongest candidate for becoming the new Reserve currency of the world. If Jim is calling for a Euro collapse AND a USD collapse -- would Yuan be his bet on the next reserve currency? Or perhaps a new currency altogether, one backed by gold? mac “The euro will not be around in the next 20 years, but Britain would have been better off had it joined the single European currency when it had a chance”

This is a very bold statement from Jim. And i suppose only time will tell.

Interestingly, Peter Schiff often states that he sees the Euro as being the strongest candidate for becoming the new Reserve currency of the world.

If Jim is calling for a Euro collapse AND a USD collapse — would Yuan be his bet on the next reserve currency? Or perhaps a new currency altogether, one backed by gold?

mac

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