pookeye

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    • ON: Tue Apr 15th 10:23 AM
      Commented on:
      Jim Rogers' Picks and Pans - Barron's Interview
      Let's put it this way, Rogers has been spot on with china, read his books understand what he is trying to explain, it helps with understanding his thinking. people tend to be a bit too patriotic and ends up being bias towards the west, cause of their misunderstanding of eastern culture, the main thing is Rogers doesnt care who or what you are, he just knows what he sees and observes and decides whether your worth his money, or not.... China obviously impressed him in his first book, why? because he saw the simplicity of capitalism at work, and it was at work better and more efficient than he expected.. which was why his bullishness for the country is high.. is it high risk tooo? yes of course, but so was the states back in the industrial revolution.. soo what makes china different from way back when? that's right, there is no difference, china now is like the USA right after or during the industrial revolution.. that occurred in the states.
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