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Jim Rogers on the Next 10 Years

As with everything there might be some hyperbole. At the very least we should look at English, Mandarin and Spanish as covering the largest section of the world. The key to Mandarin is watching it become important for other Asian countries - which it is. Mandarin websites and programming are starting to make inroads.

We cannot ignore Rogers comments -the problem with the US is we are far more fragile with our large consumer debt, massive structures built for gas powered vehicles, poor cities due to politics and the rise of our public sector workers to a centralized command economy.

China is the US of the 1940's- at times will make mistakes but the numbers are too big -tremondous work ethic and pride. Go back to the 1830 and China had Britain importing and taking all it's silver currency and together with India a large percentage of the worlds GDP. The last 50 years have been a hiccup. If you have a scenic home in a posh community learn Mandarin to close the sale in the next 10 years.

Since the American electorate now have great number of people who are disenfranchised, retired, or not working they vote people in who favor eradicating the volatility of the private sector at the expense of their currency and their next generations wealth- ala Europe -it makes sense to be involved in the commodities business like the Aussies,Canadiens, Norwegians-oil, Brazilians.
It will take us back to the 1810 economy with Britain and don't forget by then we will have the windmills to round out the scenery.

Thursday Outlook: Another Bubble?

nice thinking -tip and tbt - I will add to tips (already in tbt)
Do you think WIP etf would add a possible hedge to the dollar decline?


On Mar 19 09:26 AM Chris B wrote:

> Let's hope for a return to inflation.
>
> The alternative is a Japan scenario or a depression, and an increase
> in the cost of servicing the national debt. I think the govt. gets
> this, which is why they are flooding the economy with dollars. If
> it takes a year or two of 8-10% inflation to get us out of this (which
> would only bring prices in line with what they would have been if
> deflation had never occurred) the government will accept that. After
> all, Paul Volker demonstrated that even persistent inflation can
> easily be killed by jacking up interest rates.
>
> I'm in TBT too, and took a decent hit (on paper) yesterday. This
> hit was perfectly offset by my gains (on paper) in TIP. Yet, in the
> long run, there is no contradiction in these investments. A return
> to even 3-4% sustained inflation would result in double-digit % gains
> to TIP prices and to funds that short regular treasuries that are
> currently yielding 3% for 20 years (!).
>
> The future has never been more obvious than it is now. The government
> is nearly unanimous in supporting expansionary policy. We can see
> an uptick in inflation from a mile away - even if it only ends up
> as a return to earlier low single digits levels. Yet, opportunities
> to exploit this dynamic abound.