Jim Rogers Giving Clinic on Identifying and Solving Economic Crisis Part 5 of 5

Points covered in video:


Why Rogers moved to Singapore

Saw housing problems coming

Saw finanical problems coming

Wanted children to grow up in Asia

Future is Asia

Part One Part Two Part Three Part Four Part Five

Jim Rogers Giving Clinic on Identifying and Solving Economic Crisis Part 4 of 5

Points covered in video:



Obama plans on taxing capital, which will be a disaster

Obama also plans on more protectionism, which will also be a major disaster for the American and global economies

Historically power follows the money, money is flowing to Asia

People also follow the opportunities capital provides

Talks on living in Singapore

Part One Part Two Part Three Part Four Part Five

Jim Rogers Giving Clinic on Identifying and Solving Economic Crisis Part 3 of 5

Points covered in video:


Where the opportunities are now

In forced liquidation period

Find things where fundamentals are unimpaired

What is unimpaired are raw materials, commodities

Supplies of everything will continue to decline

Categories like farming, mining and lumber will be significant going ahead

Farming has severe shortages now

Even though demand is going down, supply is going down faster

Historically commodities tend to come back first in tough times because of shortages of everything

Alternative energy a long way from being reality or affordable

Future of China and America over next 30 years

Part One Part Two Part Three Part Four Part Five

Commodities: Economic Crisis Part 1 of 5

Points covered in video:

Bailouts

Not good for America or world

Bailing out those making bad decisions

Incompetent people should be allowed to fail

Competent people or businesses can start over from strong base ... system grows again

Bailouts are taking assets from the competent and giving them to the incompetent

Entire system is weakened as a result

Incompetent keep bonuses because taxpayers are paying the bill

America as we know it will not exist any more

People responsible haven't even lost their jobs

Previous round of people that did lose their jobs walked away with millions

Money has shifted to Asian economies

Obama has no answer but wants to spend even more

It took 200 years to build a $5 trillion debt in America, in less than a year it stands at least at $15 trillion

Must allow incompetent to fail

Someone has to pay for the last 10 years of excess

18 years after Japan refused to let anyone fail, it still hasn't recovered near to levels at that time

Amazingly, Alan Greenspan went to Japan about 18 years ago and told them they needed to let things fail. He forgot his own correct advice

America now doing the same thing as Japan

Alan Greenspan main culprit of current economic crisis

Should be very worried about future of America



Part One Part Two Part Three Part Four Part Five

Commodities: 'Getting out of U.S. dollars'

Why the U.S. dollar is losing its appeal as a commodity, and instead is becoming a "commodity"

Commodities: Jim Rogers TV - Why Regulation Fails

Jim Rogers: Why real assets like commodities are so important today

Some of the things covered by Rogers in this video:

Regulation and its failures

Will pass blame and take wrong steps

Need to let companies fail so system can be cleaned up

Takes assets away from competent and giving them to incompetent

Inflation on the horizon

Hold on to real assets




Part One, Part Two, Part Three, Part Four

Commodites are going to be even more significant in the future as demand for natural resources will rebound with a vengeance!

Commodities: Jim Rogers TV - Future and China

Talking on China: commodities, stocks, investment, stimulus - infrastructure key at this time




Part One, Part Two, Part Three, Part Four

Even though growth in China has slowed from its recent heady days, demand for natural resources will continue to push commodity prices higher over the long term.

Commodites: Jim Rogers TV - Fundamentals Strong

Jim Rogers TV: Demand will drive prices of commodities up.



Part One, Part Two, Part Three, Part Four

No matter what happens in the near term, commodities will continue on in a bull market, and the current economic crisis will only extend it, not end it!

Commodities: Jim Rogers TV: - Talking U.S. Dollar

Jim Rogers talking on various aspects of the U.S. dollar and why it doesn't have a bright future as a global commodity




Part One, Part Two, Part Three, Part Four

The U.S. dollar will no longer be the trusted commodity it has been in the past. Those days are over.

Commodites: Jim Rogers Agriculture Best Sector

Jim Rogers gives a great lesson in economics, current crisis, and why agriculture will be the place to invest in the years ahead.




Rogers believe the most financially successful people going ahead will be those that gravitate toward the agriculture sector, and in many cases those who choose to farm.

Commodities: Jim Rogers on "Inflation Holocaust"

Talking on CNBC Friday, billionaire investor Jim Rogers, CEO of Rogers Holdings and commodities expert, said we are facing an "inflation holocaust" because of government interference in the markets. He's right of course, as governments will have to issue more debt and print more money in an attempt to not allow the market to clean itself out as it has for a "few thousand years."

It is amazing to see the government to take these unprecidented steps in order to make it look like it has some value to the market. It's main and really only purpose in this arena should be to enforce contracts. Nothing else.

But as Rogers and many others are pointing out, this is in reality setting us up for an inflation disaster as the artificial propping up of poorly run companies will make us all pay a lot more for goods and services in the long run. The government and politians are counting on the general population to forget this as this go ahead in time.

Rogers added that we should simply allow businesses and people to go bankrupt in order to clean out the excesses and unhealthiness in the markets. That is how it's always been done in the past, and each time things start over again with many helpful lessons learned from the mistakes made.

In a desperate attempt to make prove they have relevancy to the general populations across the world, governments and politicians are scrambling to interfere and tread in places they have no idea of the consequences of their actions.

There is nothing more short-term in thinking than what is being wrongly foisted on people in American and across the world at this time. As Jim Rogers says, we are setting ourselves up for an inflation holocaust that will happen based solely on the actions of the U.S. governement, and other governments at this time.

Since when don't human beings have to go through failures and mistakes? When have we designated taxpayer dollars of responsible people to be used to bailout finance and business leaders for the poor decisions they've made?

As Rogers concluded concerning the upcoming G7 meeting where government leaders of the stronger economies are getting together in order to attempt of figure out a solution, "What they (G7 leaders) need to do is go down the bar and leave the rest of us alone."

Referring again to the usual solution by governments, printing more money and offering more debt will do more harm than anything else. It simply needs to be allowed to play out as it usually is. There's nothing the G7 countries will be able to do other than that.

These are markets made up of billions of actors and consumers. Nobody, no matter how much they try to convince us, is able to centrally plan or salvage this mess. Socialism has already proven itself a failure, and this is nothing more than corporate socialism.

As many people know in their individual lives, when they live in excess they will have to go through some real pain in order to overcome those excesses. For someone to interfere with that isn't kindness, but a form of hate, as they enable the person to continue on in their folly.

It's no different with government interference in the marketplace. To shore up poor management and irresponsible decisions isn't a form of help, it's only reinforcing terrible choices and behavior, and possibly setting the rest of us up for more and more significant pain in the near future.

See Video Here

Rogers maintains commodities will continue to be a good place to put your money. We're simply on pause for the time being.