Jim Rogers Quotes


If the current birth rate, which is the lowest in the major developed countries, continues, there will be no Japanese. Who will pay the enormous debt?


Citations

Rogers, Jim. Street Smarts: Adventures on the Road and in the Markets. Crown Business, 2013, p. 209.

Related Quotes

Many people contest his 40 million number as being exaggerated. Even if true, opponents argue that they would be no more likely to take jobs that most Americans do not want at current wages or whose education does not make them qualified for the high tech jobs that are available. They argue that with 40 million additional American we would not replace many immigrants but would greatly increase the unemployment rate. Later, DeLay was convicted and sentenced to jail for money laundering and illegally spending and raising campaign funds. He was also reprimanded by the House Ethics Committee for unethical methods of fund raising for other earlier actions.


One of the worst problems facing Russia in the wake of the collapse of the Soviet Union was the health care system. There was not yet a private sector to replace the Communist system and the health care system broke down and the lifespan of the average Russian actually went down significantly during that period. As an example, there was no way to purchase and import pharmaceuticals nor distribute the ones that were available.


This remarkable quotation illustrated the historical hatred aroused by the concept of government debt. Bryan, a religious man, states that debt is worse than murder. But a little over 100 years later, George W. Bush, also a very religious man, incurs a debt larger than all Presidents before him combined. Yet he thought it virtuous and best for the country. Both men were fundamentalist Christians.


Jim Rogers
Jim Rogers
  • Born: October 19, 1942
  • Nationality: American
  • Profession: Chairman Beeland Interests, Co-founder Quantum Fund Soros Fund Management

James Beeland Rogers Jr. is an American investor and financial commentator based in Singapore. Rogers is the Chairman of Beeland Interests, Inc. He was the co-founder of the Quantum Fund and Soros Fund Management. He was also the creator of the Rogers International Commodities Index (RICI).