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aka Beaudeau
1 Comment
Jim Rogers on the Bear Stearns Bailout
His early work with Soros speaks for itself.
His "lifestyle" since then has taken him to all points of the globe.
The torch is being passed from "Lady Liberty" to the "East": Hong Kong,Shanghai,Singapor... and Mumbai are all in major transition.
Wait until Detroit gets a taste of what is to come from China and India, fuel economy,panache, and price. Goldman Sachs and others are making private equity investments there. Some quick returns have helped their earnings over the last several quarters. Why do you think Henry P. spends so much time there? General Electric is playing the infrastructure in these countries as well. Chinese workers save large amounts of their earnings rather than fill up Public Storage units with "junk" they will never use or need again. Track public storage units with trade deficit and you will see that America is storing junk while China stores our dollars. China solves the water and pollution problem and maybe even Rogers will move his family to Hong Kong,Shanghai, or Hangzhou.
American and Western entertainment is happening on a regular basis in Macao as evidenced by the recent Celine Dion event last Saturday night. I suspect more will happen before, during and after the Olympics and Shanghai Expo in 2010. Goodnight!!!