If you ask Jim Rogers where is he the most bullish? He would respond Ag, Commodities and Asia. In terms of Asia, that’s where all the creditor nations are located. Throughout history, creditor nations have fared better than debtor nations. In addition, Jim believes the best skill he could give people born in 2003 and 2008 is to be fluent in Mandarin and to know Asia.
“If you are looking to be where the wind is at your back, the wind is at your back in Asia, as far as I am concerned.”- Jim Rogers
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13. June 2009 at 12:25 am
I’m not sure if I can ever learn what all those Chinese symbols mean. Of course, i could be wrong because I have never tried it, but I kind of like the alphabet. In an case, I should probably try the Rosetta Stone and go from there.
In any case, if I can make some money from investing in agriculture like Jim and Marc Faber suggest, I’ll just get a translator, or make my kids do it once I force them to learn Chinese in exchange for candy, visits to Chuck E Cheese and whatever else they can negotiate out of me.
Mac
13. June 2009 at 12:50 am
I don’t know Mac, kids these days are afraid of the big rat
13. June 2009 at 1:20 am
Ha! That is SO true! My oldest (7) is absolutely terrified of the rat. The younger ones make fun of him cause he is scared of it…. I was like, dude, you’re lucky you weren’t around when it was the ShowBiz Bear. And then, it was the rat AND the bear double teaming you. Now it’s just the rat, so deal with it and go play some frickin’ games and leave me alone for 20 minutes!