It is all because of Money, you think good or not?? A person forgo his nationalities just because of Money?? Is that good?? I think he live for money, not for humankind.
Jim Rogers is now a Singapore citizen. But he already made clear, several times, that his ultimate destination will be China. He will move to, where the money is.
His loyalty is not nationhood, fellowman, idealism but money, money and money. But read any futurist book, clearly the US will be in the decline. Who wants to remain in a sinking ship? Can we blame him for being practical and abandoning ship?
Originally posted by 4sg:Can we blame him for being practical and abandoning ship?
He is a mercenary.
I think he will betray his country and sell out his fellow countrymen for money.
I despise this type of people. Corrupted by greed and money.
Look down on this type of people.
Originally posted by angel3070:He is a mercenary.
I think he will betray his country and sell out his fellow countrymen for money.
I despise this type of people. Corrupted by greed and money.
Look down on this type of people.
..there is a vast gap between leaving the country because he disagrees where it is heading to betraying his country for money.
By that logic, surely i can accuse soul_rage, Araphoe, jojobleach...etc as capable as the same thing?
Originally posted by Stevenson101:..there is a vast gap between leaving the country because he disagrees where it is heading to betraying his country for money.
Did he say he left because of disagreement with leadership?
He is in Singapore only because we have a bilingual education system and top notch medical hub...and maybe we are a safe country for his 2 daughters to grow up in...thats all...
He is just waiting to hitch a ride on the China Bandwagon..period.
Originally posted by angel3070:He is a mercenary.
I think he will betray his country and sell out his fellow countrymen for money.
I despise this type of people. Corrupted by greed and money.
Look down on this type of people.
So if the Singapore Govt is printing money on massive scale, incurring enormous deficits and Sing dollar is depreciating rapidly, you would not sell Sing Dollars to protect yourself?
rich ppl make money work for them while poor ppl work for money... that is how sad reality is.
Originally posted by angel7030:It is all because of Money, you think good or not?? A person forgo his nationalities just because of Money?? Is that good?? I think he live for money, not for humankind.
You sell your body for money. Is this good?
Get a grip.
The reason why US had to print more money is because rich assholes like him are hoarding money either at home or in private banks, causing a shortage of US dollars around the world.
The only way to force out these rich bastards is to print more US dollars to ease the shortage and demand for trade.
When the US govt does that, selfish bastards like him saw the US dollar sinking as the value gets lesser with each new printing, which is a good thing for the ordinary people, as demand for cheaper US goods and tourism will rise, creating more employment, resulting a general recovery.
Of course he now claims all kinds of bullshit against the US govt. His selfish hoarding on US dollars' value had sunk.
US is a modern consumerist society. When they have money, they will spend, and will result in the world's general recovery. For those who think US will sink, think twice. How much do you think Kansas, one of the numerous foodbelt of US, will be worth, if put on sale(IF bankrupt, and a heavy IF) , to oil rich desert barran land govts?
Jim Rogers is just another greed filled selfish capitalist cowboy without a damn to the american people, and am certainly no angel, and a disgrace to our citizenship.
He is a prophet on China as the new global superpower in 30 years time.
But it does not need 30 years. I think 20 years is enough.
However, China has a lot to do, such as regulations. Very very bad regulations in China.
Originally posted by alancia:
You sell your body for money. Is this good?
sell what body?? 1 kg how much?? dun anyhow say hor.
I just pity this Jim, born without a sense of what is true humanity except money. There are millions who moved to helps others, and he move for money...just dun understand how they live their short life here.
For me, in Singapore, i can be so called upper middle class, if i go thailand or malaysia or indonesia, i will be rich, but i choose to stay here to help others, and moreover, here is safe, peaceful and vibrant.
Originally posted by dare82:He is a prophet on China as the new global superpower in 30 years time.
But it does not need 30 years. I think 20 years is enough.
However, China has a lot to do, such as regulations. Very very bad regulations in China.
In the 1920s, China is a capitalist, alots of Angmos also migrant there to earn money from the poor chinese,,...they become kings and queens there...then the Maoist cannot tarhan and start to rebel..all angmos get killed or run like mad dog.
If you look at China now, the disparity of the rich and poor is very large and getting wider...just a matter of time, someone like mao from the farmer will stand up and say...come one all poor ones, lets fight to get this communism system aligned...and history repeat itself
Originally posted by angel7030:
sell what body?? 1 kg how much?? dun anyhow say hor.
I just pity this Jim, born without a sense of what is true humanity except money. There are millions who moved to helps others, and he move for money...just dun understand how they live their short life here.
For me, in Singapore, i can be so called upper middle class, if i go thailand or malaysia or indonesia, i will be rich, but i choose to stay here to help others, and moreover, here is safe, peaceful and vibrant.
Prostitute who sell her body still want to act innocent and righteous?
Originally posted by angel3070:He is a mercenary.
I think he will betray his country and sell out his fellow countrymen for money.
I despise this type of people. Corrupted by greed and money.
Look down on this type of people.
People migrate mainly for one reason and that is to live in a greener pasture and in his case the 'green' is indeed money.I am sure as an ex- citizen of USA he had contributed to that country one way or another it is not like he is leaving his wife and family but another has been country .That is not betrayal that is making the right choice.
Before saying about Jim Rogers being mercenary, first think whether the US Govt was mercenary in it's approach to solving this crisis.
I would say US Govt didn't do any good to their citizens by printing so much money. Machiam taking money from taxpayers and savers to give to bankers who caused this crisis.
Nuff said
Which comes first - the egg or the chicken?
The US govt is only administrators of the American People, and had been eversince they booted the repressive colonial brits out. They can pass laws and regulate biz enterprises, but ultimately, biz owners had always gotten a free hand in how they run their biz.
With their money, comes power to manipulate events within the administration, as seen by their strong lobby groups. Fortunately, the US have a robust political system despite of its flaws, made up of decent and matured people, and had been capable of stopping the worse excesses of such manipulation by powerful corporate biz industrial complexes from time to time.
But still, such manipulators had a free hand in the market place, for US is not a communist state, and it was these money grabbers' greed that led to our current financial crises. These capitalists are no angels for sure. They may donate some of their gains, but when compared on PERCENTAGES based on their total asset value, it is only akin to a few cents to the common laymen who is donating in dollars.
They are not Robin Hood. Nor am I calling for socialism or communism. I believe that there must be an element of greed in order for economies to thrive, to feed the masses. But capitalist manipulators and assholes such as Jim Rogers wants the whole cake for himself, heck if he cant swallow it all, he would rather let it rot, as shown by his despicabilities to sell US dollars now after hoarding it when the world needs it most. He is part of blame, and people like him - a large part.
Originally posted by dare82:He is a prophet on China as the new global superpower in 30 years time.
But it does not need 30 years. I think 20 years is enough.
However, China has a lot to do, such as regulations. Very very bad regulations in China.
China government are smart people. They are the one defying all the economic theory which the western publicise. Next time, u want to study top notch business school must go China like Peking or Qinghua liao. Those Harvard and Stanford are outdated in their study.
Originally posted by angel7030:
In the 1920s, China is a capitalist, alots of Angmos also migrant there to earn money from the poor chinese,,...they become kings and queens there...then the Maoist cannot tarhan and start to rebel..all angmos get killed or run like mad dog.
If you look at China now, the disparity of the rich and poor is very large and getting wider...just a matter of time, someone like mao from the farmer will stand up and say...come one all poor ones, lets fight to get this communism system aligned...and history repeat itself
I would say that even in USA, from time to time, there is still poverty.
Read 1920s USA history, in the South, there was widespread discrimination and poverty.
Don't say the South. Even in LA and NYC, there are still homeless people lying around the streets at night.
Originally posted by angel3070:Jim Rogers: I will sell all US dollarsSeptember 11, 2009Jim Rogers talked about US dollars while he was attending the China International Financial Services Conference (CIFSC) held in Guangzhou on September 10, 2009.
Rogers believes that the last 50 years is U.S. government's journey into a huge debt and the U.S. government's decision-makers are still repeating this mistake.
Measures taken by countries to rescue the economy is continuously printing banknotes, which will lead to inflation (except energy prices), and this process will not be interrupted unless there are more banks close down.
Europe and the United States government have fallen into the vicious cycle of "issue bonds - inflation - issue more bonds – inflation again". I will not buy more United States Treasury bonds because the government is constantly printing more banknotes. The world will never be a lack of U.S. dollars. I will buy oil, minerals and stock of those companies which are engaged in the real economy.
US dollar economy has encountered major problems, the dollar index fell to a new low, and it will continue to fall. If the dollar rebounds in the future, I will sell all the U.S. dollars. My whole family has moved to live in Asia. The story of the United States is over. A new story belongs to China.
With regard to the U.S. Treasury bonds, Rogers thinks that both the U.S. bond market bubble and the crisis are growing. He could not tell when and how the bubble will burst, but he thinks lending money to creditors for 30 years and only takes 3% to 4% annual interest rate is a very unreasonable.In the short term, because there are more people to buy U.S. Treasury bonds, interest rates will be cut for a short time, but on the long run interest rates will surely rise. Therefore, China should further expand the U.S. Treasury holdings, or else China will suffer losses.Jim Rogers is an american citizen, but once he sees that U.S is of no use to him as an investor, he shifts his whole family to the next best place to make money. If China is of no use to him, he will move house again.What is your opinion of people like Jim Rogers and their mercenary attitude towards their own country?
Will Jim Rogers be the next George Soros of the 90s who made history of Black Wednesday by short selling UK pound against German Deustch if over the next few years, Central Bank refuses to increase interest rates?
Originally posted by angel7030:
In the 1920s, China is a capitalist, alots of Angmos also migrant there to earn money from the poor chinese,,...they become kings and queens there...then the Maoist cannot tarhan and start to rebel..all angmos get killed or run like mad dog.
If you look at China now, the disparity of the rich and poor is very large and getting wider...just a matter of time, someone like mao from the farmer will stand up and say...come one all poor ones, lets fight to get this communism system aligned...and history repeat itself
every country has disparity between the rich and poor. no need to go to china, just look no further than singapore and malaysia.
mercenary and rich lol. what can you do to him? he isnt taking money from the compensation committees from banks in wall street.
he is using his own money to invest and earn his keep.
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