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Jim Rogers: I Sold Almost All My Stocks - “I’ve Seen This Party Before”

27 snips
May 19, 2025
Guest
Jim Rogers
Jim Rogers, a legendary investor and co-founder of the Quantum Fund, shares his bold market predictions and insights. He reveals why he’s sold almost all his U.S. stocks, opting for cash, gold, and silver instead. Rogers warns of a looming global debt crisis and the pitfalls of excessive speculation. He discusses India's potential rise in global finance and critiques current trade dynamics. With reflections on Buffett's cash reserves and international market trends, his insightful commentary is both cautionary and thought-provoking.
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INSIGHT

Tariffs Are A Tax On Consumers

  • Tariffs are generally harmful to everyone in the long term.
  • They act as taxes typically paid by consumers in the importing country.
INSIGHT

China's Property Bubble Hangover

  • China has a major real estate bubble that has burst, causing economic pain.
  • This property hangover is slowing China's economy noticeably.
INSIGHT

U.S. Debt And India's Rise

  • The U.S. is the largest debtor nation ever, which is dangerous.
  • India is rising economically and finally grasping prosperity, making it interesting for investors.
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