Jim Rogers - China On the Rise & Will Inevitably Eclipse The U.S.
SBTV speaks with Jim Rogers, veteran investor and author, about the crisis in the markets and why China's rise is inevitable and unsurprising given the decline of the U.S. over the last few decades.
Discussed in this interview:
01:27 Crisis in overextended financial markets
04:00 Central banks clueless to woes in global economy
07:32 Companies with the most votes will be bailed out first
12:11 Impact of cheap oil on the U.S.
16:09 Rise of China eclipsing the U.S. as next superpower
21:25 Gold and silver to become a bubble in the next economic collapse
25:51 Choosing to settle down in Singapore
27:21 Deflation first before inflation
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