Jim Rogers: China Will Dominate Again

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  • čas přidán 25. 06. 2024
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    In this exclusive and thought-provoking interview, legendary investor Jim Rogers delves into a myriad of topics shaping the global economic landscape. Reflecting on his experience living outside the US, he shares perspectives on societal stability and emerging market opportunities. With a focus on adaptability and the importance of diversification, Rogers's astute observations resonate with investors seeking to navigate uncertain times and capitalize on global trends.
    00:00 Start
    00:50 Reasons for Investing in Countries Like Uzbekistan
    3:36 Misconceptions About Investing in Post-Communist Countries
    5:31 Lessons From Past Investment Opportunities Like Mongolia
    7:36 Importance of Having Multiple Passports
    9:03 China's Opening to the World
    11:55 China's Potential to Compete with American Companies
    14:31 Navigating Market Fluctuations in China
    17:20 Impact of Real Estate Bubble on Chinese Market
    19:01 Japan's Market Performance
    20:45 Currency Concerns and Japanese Stocks
    23:40 AI Revolution and Investment Strategy
    24:54 Nomad Capitalist Live Event Experience
    26:19 Adapting to Technological Changes in Business
    29:08 Investing During Political Elections
    31:26 Reasons for Global Market Expensiveness
    32:54 Importance of Having Cash Reserves
    33:59 Living Outside the US and Societal Stability
    37:33 Economic Potential of Middle Eastern Markets
    Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where you're treated best."
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    DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

Komentáře • 809

  • @kub1353
    @kub1353 Před 3 měsíci +590

    China closed down = evil, totalitarian, draconian, etc. Italy closed down = caring for its people. The west is funny. 😂😂😂😂

    • @kub1353
      @kub1353 Před 3 měsíci +1

      @joachim5080 China was too proud? Wasn't it the west that didn't want to give vaccine to the rest of the world, which forced China and India to create their own vaccine? Too afraid China will steal the patent. Yes, it's hard to understand when a country like the USA hoards all the vaccine and didn't even give it to its western ally, Italy. Actually, it's not hard to understand. The USA did it for profit.

    • @llee4225
      @llee4225 Před 3 měsíci +82

      @@joachim5080 Except China had small number of deaths while US had the highest! No much for US vaccines.

    • @jbennison5672
      @jbennison5672 Před 3 měsíci

      ​@@llee4225you have no idea what the death rate of china is because they hide all he numbers.

    • @user-vp1vl6yp9t
      @user-vp1vl6yp9t Před 3 měsíci

      @@joachim5080 You are saying that the US has the best vaccine because Washington DC is the origin of Wuhan virus.

    • @steveb7600
      @steveb7600 Před 3 měsíci

      untrue, one country is run by globalist clowns and the other is run by an authoritarian clown.

  • @raymonddon8875
    @raymonddon8875 Před 3 měsíci +260

    im mexican 68, and living in sorona mexico. in 1971 both china and mexico's GDP was the same. how was china able to get so rich & powerful in under 30 years? in my life time, i saw china when it was dirt poor and cant even feed its people. me and all my mexican friends & people have been keeping a very close eye on china. hopefully us mexicans can stop being jealous of the chinese, and instead learn, copy and follow their footsteps. maybe in 30 years, mexico can enjoy a golden age as well. with much luv & admiration, your amingos in mexico!

    • @mrmosk2011
      @mrmosk2011 Před 3 měsíci

      China is much larger and have more population than Mexico. China’s economy was broken in 1971 because Mao ruined the country by his great leap, culture revolution and countless “movements” to purge “undesired” people.

    • @iamscoutstfu
      @iamscoutstfu Před 3 měsíci

      Slave labor

    • @dinghuili9974
      @dinghuili9974 Před 3 měsíci +8

      Read world history textbooks you will find answers.

    • @Zhengc
      @Zhengc Před 3 měsíci

      I feel bad for the Mexican people. You are too close to United States, who play a zero sum game. US won’t let Mexicans have a golden era because they want absolute power in the North and South American continents

    • @iamscoutstfu
      @iamscoutstfu Před 3 měsíci

      Slave labor

  • @JCSY1
    @JCSY1 Před 3 měsíci +173

    Jim is right about the US which most Americans are ignoring or still believe in their politicians intentions and agenda.

    • @jerronng6036
      @jerronng6036 Před 3 měsíci +2

      Ignorance is a bliss for some....

    • @JCSY1
      @JCSY1 Před 3 měsíci +4

      @@jerronng6036 Yes indeed. They like to pin their hopes on self interests politicians.

    • @chongdi6140
      @chongdi6140 Před 3 měsíci

      Most Americans loved to be screwed by their selfish politicians lol.​@@JCSY1

    • @jacksonwong90
      @jacksonwong90 Před 3 měsíci

      Their evil hidden intention , ulterior motive and rotten agenda .

    • @fc2790
      @fc2790 Před 3 měsíci

      @@JCSY1 That is why we need to elect Trump.

  • @James-fj3bg
    @James-fj3bg Před 3 měsíci +107

    never underestimate the Chinese ability to survive, we went through thousands of years of ups and downs. The only question whether we are up or down depends on the leaders.

    • @kaushikthaker9666
      @kaushikthaker9666 Před 2 měsíci

      Then get someone with little brains unlike the current one who finished Jack maa and other's who wanted to make great, I don't know where you old funture from who is killing China, up till recently China was on track but now only God knows.

    • @Rain-xe5vr
      @Rain-xe5vr Před 2 měsíci

      Whatever dude, you were destroyed by communism. You can't even protest with a blank sheet of paper without being thrown in a mental asylum or a black jail. You call that surviving? No thanks.

    • @parnamsaini4751
      @parnamsaini4751 Před 2 měsíci

      Really??😂

    • @XavierHunsdove-ec7hx
      @XavierHunsdove-ec7hx Před 2 měsíci

      @james-fi3bg😂😂😂😂 Then why are the Chinese people crawling to the USA boarders?????

    • @joshuabonilla3491
      @joshuabonilla3491 Před 2 měsíci

      @@XavierHunsdove-ec7hx20 to 30 thousand a year out of a population of 2.4 billion? You have a few liberals in China that read how anyone can just cross the border and get free money and housing thanks to our governments treatment of the border issue. And most are single men that come here too.

  • @lingzhong9193
    @lingzhong9193 Před 3 měsíci +307

    like it or not China is coming back to its rightful place in the world. It is a great news for humanity in general, because this is the first time in 500 years the world may have a chance to develop without been enslaved by "the west".

    • @RebelLeader-kx3hq
      @RebelLeader-kx3hq Před 3 měsíci +25

      Couldn’t have said it any better

    • @NorCalMoDo
      @NorCalMoDo Před 3 měsíci +1

      Not under Joe Biden's watch. And, he tried, hard. Built a number of pacts.
      Even the self-assumed leader of the non-aligned movement (India) joined the pact Quad. To that end, Biden made it.

    • @jeffhalla777
      @jeffhalla777 Před 3 měsíci +14

      Your social credit score just went up a few points 👍🏽

    • @jeffhalla777
      @jeffhalla777 Před 3 měsíci

      @@NorCalMoDoque? Your high

    • @s._3560
      @s._3560 Před 3 měsíci +1

      My comments get deleted

  • @jennyohara4011
    @jennyohara4011 Před 3 měsíci +126

    I love China and Chinese People!

  • @keffinsg
    @keffinsg Před 3 měsíci +357

    There is a difference between pre-eminent and domination. For the last thousand years, China has been primarily inward looking. She is not inclined to dominate others.

    • @MiscName1493
      @MiscName1493 Před 3 měsíci +30

      Not inclined to dominate others 😂😂😂

    • @ARUchannel1
      @ARUchannel1 Před 3 měsíci +80

      @@MiscName1493 china did not conquer any other country in a different continent

    • @returnnull3476
      @returnnull3476 Před 3 měsíci +21

      ​@@ARUchannel1china is an empire like any other. Empires swell and get new territory, then it takes time for the empire to digest.

    • @returnnull3476
      @returnnull3476 Před 3 měsíci +19

      By the very definition of empire and spheres of influence "she" must dominate others. E.g. the South China sea is current example.

    • @TheLazyVideo
      @TheLazyVideo Před 3 měsíci +27

      Tibet would disagree

  • @blackups__6554
    @blackups__6554 Před 3 měsíci +242

    China knows how to adapt, innovate, and grow, and sanctions are helping to speed.

    • @jogana6909
      @jogana6909 Před 3 měsíci +39

      Thirty years ago, the US advocated "globalization" because US manufacturing was in an advantage.
      Thirty years later, the US advocated "de-globalization" because US manufacturing was at a disadvantage.
      Such double standards are shameless.

    • @horusfalcon668
      @horusfalcon668 Před 3 měsíci +1

      Most Chinese are like that

    • @NorCalMoDo
      @NorCalMoDo Před 3 měsíci +2

      @@jogana6909normal. everyone will do the same. do not expect the US to be a saint.

    • @hongkong6705
      @hongkong6705 Před 3 měsíci

      It does not happen in reality as far as you can read real news.

    • @blackups__6554
      @blackups__6554 Před 3 měsíci

      @@hongkong6705 Who listens to western media these days?
      Thy stopped selling semiconductors to China and China created its own.
      They said BYD was trash and not it has surpassed Tesla.
      Do you want me to continue?
      Look at the reality not news or at least news and with personal research to confirm.

  • @TSS-yy5tx
    @TSS-yy5tx Před 3 měsíci +33

    lf all westerners have mentality
    just closer to Jim Rogers just a
    little closer, we will have a better world for us today!

  • @benz7051
    @benz7051 Před 3 měsíci +80

    Yes, Mr. Rogers. US government does corruption all times, but don’t admit it is corruption😂

    • @monipenny408
      @monipenny408 Před 3 měsíci

      LOL U$ is the center of excellence
      for all ponzis schemes, criminalities, the largest number of war criminals, cartels, you name it.

    • @davidwong7283
      @davidwong7283 Před 3 měsíci

      They are Fighting for " Democracy " . their kind , the kind that suits their narrative .

    • @huiqinjinxi4514
      @huiqinjinxi4514 Před 3 měsíci +8

      They don’t have to because corruption is not illegal in America 😂

    • @iamscoutstfu
      @iamscoutstfu Před 3 měsíci

      Tu quoque fallacy

    • @JennyAlejandro-fk3xp
      @JennyAlejandro-fk3xp Před 3 měsíci

      Are you sure president xi is a nice person I doubt

  • @cheehincheong6719
    @cheehincheong6719 Před 3 měsíci +78

    Jim Rogers said" I am not smart enough "but he is a genius,open minded person.

  • @fargr5926
    @fargr5926 Před 3 měsíci +50

    Saw a session when a scholar was asked whether China will setup a military base in middle east, he said no, China will stay out. The room suddenly became silent.😅😅😅

    • @stuartmoore6310
      @stuartmoore6310 Před 3 měsíci +7

      Where in the Middle East is China establishing military bases? And don't say Djibouti because everybody's got a presence there. That doesn't count.

    • @dordorfromhk-hj5vo
      @dordorfromhk-hj5vo Před 3 měsíci

      Sunzi: Art of War.
      How to win without a war.
      China will win eventually. Why?
      China invests in infrastructure and business to gain monetary return and influence, while US overborrows to waste money in military. Who is smarter?
      If China needs any resources, just trade. Why war? Stupid.
      US spent trillions of dollars in Afghanistan to replace Taliban with Taliban, and China spent money in improving the living standards of its people. Who is smarter?
      The military expenditure of China is only 1/3 of US.
      Should US reduce its military expenditure and spend the money on infrastructure and its poor people(build more social housing) ?

    • @nikolas_5629
      @nikolas_5629 Před 3 měsíci

      ​@@stuartmoore6310 they spread propaganda & lies then proud of its (NATO+Elenky try to build base to bully Russ, then said Putin was so evil, the fact Putin made peace diplomatic for a decade for peace).. They had no shame for lying bro....

    • @grandwonder5858
      @grandwonder5858 Před 3 měsíci +12

      China doesn’t build any military bases outside its own soil, but meawhile the US is adding another dozen and a half more military bases to the 400 it already has in the Pacific Ocean to surround China with! Those new military bases will be built in the Philippines, India, and Papua New Guinea, which the US already has a tremendous presence in as far as military might and coercion.

    • @adamlee2550
      @adamlee2550 Před 2 měsíci

      Okay, but China literally does have military bases in other countries soooooo...
      Also, whether or not China has waged aggressive war seems to be a matter of perspective.

  • @TheMichaelMove
    @TheMichaelMove Před 3 měsíci +27

    I agree with Andrew about keeping your options open. When it comes to investing, I once heard said, invest like a crab. Maintain many legs of diversification so it is more difficult to tip you over.

    • @IA100KPDT
      @IA100KPDT Před 3 měsíci +1

      only if u have 100s of millions or billions. If not, just focus on one market. U can still diversify.

    • @ssuwandi3240
      @ssuwandi3240 Před 3 měsíci +2

      That's American narrative.. but they will get 5% while China 2.6% 😊😊

    • @rebeltheharem7028
      @rebeltheharem7028 Před 3 měsíci

      @@ssuwandi3240 Unless you live in China. Remember, only the chinese can own chinese stock (just like Japan), so this isn't any manipulation by the US or anything. It's their own people losing faith in their own economy, especially since they can't legally get access to US media anyways.

  • @dassa0069
    @dassa0069 Před 3 měsíci +35

    Hoarding gold. Gold is the only money you can trust.

    • @aaap3875
      @aaap3875 Před 3 měsíci +3

      lol good luck with that. Ill buy Nvidia and Microsoft and sell it in 4 years and buy 5oz more gold for the price of you 1oz

    • @alicelim1419
      @alicelim1419 Před 3 měsíci

      Nilai emas akan naik sangat sedikit karena masih banyak emas di perut bumi

  • @mikehitch7799
    @mikehitch7799 Před 3 měsíci +10

    One summary of this conversation:
    More than one passport in a cheap country where government is opening up and addressing criminals providing a stable legal liberty based commercial capital system (competitive culture). The country has sufficient labour force and resources to add value to, with trading neighbourhood supply chain prospects. Do solid research yourself.

  • @toddmaek5436
    @toddmaek5436 Před 3 měsíci +15

    Mexico did not close down all like that, which is also a part of the reason why the pesos is doing pretty good now.

  • @Southeastasiantraveler
    @Southeastasiantraveler Před 3 měsíci +20

    Jim Rogers is not afraid to go against established thinking - he provides us with a lifetime of investing experience.

    • @suzygirl1843
      @suzygirl1843 Před 3 měsíci +3

      We in Africa welcome China. Currently learning Chinese Mandarin

  • @fajarcahyono3693
    @fajarcahyono3693 Před 3 měsíci +42

    China embracing 'Morally Good' version of Capitalism while United States is embracing ugly version of Socialism. China has proven themselves as a great sustainable civilizations for 5,000 years with many inventions such as money, farming, trading, etc. no matter who govern them and what type of government they are. Mongols ruled China for more than a hundred years and what happen? Mongols (Yuan Dynasty) are 'forced by nature' to assimilate to Chinese culture although they control the whole China. Manchu tried same thing and again Chinese culture 'naturally forced' those Manchus people to assimilate with Chinese culture although they are the people who ruled China for almost 300 years. Communism trying same thing in 1949 but in 1978, Communism has proven failed and Communism fell apart in China because Old Chinese entrepreneurial spirit rise once again. Communism then forced to be changed and assimilated with Chinese characteristics, proving the world that China is truly a sustainable civilizations

  • @rastoferi6012
    @rastoferi6012 Před 3 měsíci +53

    So, China is not collapsing next year? 😅

    • @ninawoods5985
      @ninawoods5985 Před 3 měsíci

      of course Chinese are going to dominate, they've been doing it for decades and will only grow and continue, see the Brits and Japans going down, only go deep to see why

    • @JamesEvans-yn9hh
      @JamesEvans-yn9hh Před 3 měsíci

      of course Chinese are going to dominate, they've been doing it for decades and will only grow and continue, see the Brits and Japans going down, only go deep to see why

    • @evidence7343
      @evidence7343 Před 3 měsíci

      of course Chinese are going to dominate, they've been doing it for decades and will only grow and continue, see the Brits and Japans going down, only go deep to see why

    • @wai-sunchia6190
      @wai-sunchia6190 Před 3 měsíci +35

      Maybe the year after. Wait I'll check with Gordon....😂😂😂😂

    • @tuesdae666
      @tuesdae666 Před 3 měsíci

      It's been collapsing for the last 30 years, according to western media and think tanks.

  • @kevinl7173
    @kevinl7173 Před 3 měsíci +14

    their EV def will dominate

  • @eriksyring
    @eriksyring Před 3 měsíci +9

    Uzbekistan 🇺🇿 has a population of 35M, not ~12M! Plus there are many Uzbeks in Kyrgyzstan 🇰🇬, Tajikistan 🇹🇯, Afghanistan 🇦🇫 etc.

  • @george6696
    @george6696 Před 2 měsíci +4

    China and it people has a culture not to dominate other, Chinese just don't want to be dominated by others, we have right to compete and doing better.

  • @bengjongoh3215
    @bengjongoh3215 Před 3 měsíci +9

    For as long as Chinese are united and there is no chaos in China, its rise is unstoppable even in the face of relentless containment efforts by the west.

    • @lenkaklepackova3686
      @lenkaklepackova3686 Před 2 měsíci

      China RN is very far from being united. In fact the reign of CCP has turned chinese society into society of distrust.

  • @rosetzu_nagasawa
    @rosetzu_nagasawa Před 3 měsíci +5

    Analysts and economists around the world are admiring what's happening in socialist states like Nordic countries and what they have done for the average man.
    US sees this trend as a threat....

  • @tomlonghaymingway9396
    @tomlonghaymingway9396 Před 2 měsíci +1

    Thank you Jim for the experience, insights and wisdom. Thank you Andrew for the great questions

  • @Altosax449
    @Altosax449 Před 3 měsíci +17

    Met Jim back in the 80s when I was a member of the Amex Exchange. Glad to see he’s still on the case.

  • @bellybutton6138
    @bellybutton6138 Před 3 měsíci +71

    WW1 & WW2 all started from Europe.

    • @davidjacobs8558
      @davidjacobs8558 Před 3 měsíci +4

      because other part of the world were so behind in technology, they could not participate, even if they wanted to. except for Japan.

    • @frankyeo8931
      @frankyeo8931 Před 3 měsíci +8

      The Japanese started it in 1931.

    • @stuartmoore6310
      @stuartmoore6310 Před 3 měsíci

      World War I and World War II are just convenient artificial constructs. The story of civilization is a story of one long continuous War without end. Newsflash: it's still going on.

    • @davidjacobs8558
      @davidjacobs8558 Před 3 měsíci +1

      @@helloworld20249 as if Chinese are not greedy.

    • @yuyanpeng-qu6vn
      @yuyanpeng-qu6vn Před 3 měsíci

      not as much as you guys are@@davidjacobs8558

  • @ROCKNROLL947
    @ROCKNROLL947 Před 3 měsíci +83

    I prefer China dominating rather than USA.

    • @IB4U2Cme
      @IB4U2Cme Před 3 měsíci +4

      I used to disagree with you. The truth is too much government is the problem. The US has become to much government for some time and now it is going sour. I am not saying Chinese government is good. Just that there is too much US government. The freedoms of America were banking on a smaller government. But the government is getting around the constitution.

    • @EliasTsakmakis
      @EliasTsakmakis Před 3 měsíci +8

      @@IB4U2Cme funny read of your own situation. its not the size that counts, its the shadow permanent government which you do not elect and does not represent you or your interests.
      but you are welcomed to believe that you still live in a democracy while as a citizen you have no negotiating power over anything of any importance other than arguing online how many genders there are

    • @evidence7343
      @evidence7343 Před 3 měsíci

      of course Chinese are going to dominate, they've been doing it for decades and will only grow and continue, see the Brits and Japans going down, only go deep to see why

    • @IB4U2Cme
      @IB4U2Cme Před 3 měsíci

      @@EliasTsakmakis I did not say the I live in a democracy. And I said nothing about genders. You attribute false values to reign supreme. If that is how you play chess, you will consistently lose.

    • @ROCKNROLL947
      @ROCKNROLL947 Před 3 měsíci +3

      @@IB4U2Cme Yeah, I agree...My point on view it's based on the reality of my country. USA invests and helps other countries, but they always want something as an exchange, and that thing usually it's something really valuable. In the other hand, China helps others in the majority of cases, with no interest in something.

  • @minchen5187
    @minchen5187 Před 3 měsíci +9

    Free GAZA

  • @holaclive
    @holaclive Před 3 měsíci +25

    The late Jim Sinclair (Mr Gold) said China has accumulated 50,000 tonnes of gold, through it's gold mines(none leaves the country) and purchases over many years. They will issue gold bonds and make gold a reserve asset.
    He who owns the gold makes the rules.

    • @holaclive
      @holaclive Před 3 měsíci +3

      @@joachim5080 The central banks are buying gold because of what's coming. Bitcoin is a different animal.
      In a debt collapse gold is revalued to
      Provide liquidity.

  • @pwling888
    @pwling888 Před 3 měsíci +42

    There is now visa exemption to six European countries, including Switzerland, Ireland, Hungary, Austria, Belgium and Luxembourg,

    • @happyhappynuts
      @happyhappynuts Před 3 měsíci

      Why go and be arrested?

    • @ttc1661
      @ttc1661 Před 3 měsíci +17

      ​Truth hurts you so much ! 😂​@@happyhappynuts

    • @fargr5926
      @fargr5926 Před 3 měsíci +8

      @@happyhappynutswhy you they will give you a second look?

    • @lihongxu9475
      @lihongxu9475 Před 3 měsíci

      ​@@happyhappynutsYou really think you are such a big shot? Nobody gives you a second look. You are just like a fly or a mosquito.

    • @Facts..Checker
      @Facts..Checker Před 3 měsíci

      ​@@happyhappynutsJust think why US is confronting China in almost all sectors like trade, tech, financially and even militarily? Bcoz China has done something terribly and more countries are siding with China than the traditional US's allies or vassal states. Maybe you are brainwashed or too ignorant about the world affairs. Watching your global news networks won't help but the opposite! The main cause of Americans' problems today. Even reputable scholars said so. Well, I have never trusted western MSM since Iraqi War, and only just as a reference of what the west aftering nowadays. And I was and am right after all!

  • @jaimelaw1
    @jaimelaw1 Před 2 měsíci

    Jim Rogers is very wise man, goes with the flow and understands the patterns of history.

  • @liamporter1137
    @liamporter1137 Před 3 měsíci

    Thanks for sharing and surfacing the truth. 👏👍

  • @Financial_fitness_lady
    @Financial_fitness_lady Před 3 měsíci +13

    Glad to hear his perspective. Good interview Andrew! I like how you show many sides to ideas. It's refreshing!

    • @nomadcapitalist
      @nomadcapitalist  Před 3 měsíci

      Thank you for watching! We appreciate your support.

  • @the_expidition427
    @the_expidition427 Před 3 měsíci +15

    It's not fighting on behalf of the country it is a fight for the country

    • @ARUchannel1
      @ARUchannel1 Před 3 měsíci +1

      china is not the soviet union, China does not fear capitalism

  • @jimboslice4623
    @jimboslice4623 Před 3 měsíci +40

    What a great interview Andrew 👏

    • @nomadcapitalist
      @nomadcapitalist  Před 3 měsíci +6

      Glad you enjoyed it!

    • @ninawoods5985
      @ninawoods5985 Před 3 měsíci

      of course Chinese are going to dominate, they've been doing it for decades and will only grow and continue, see the Brits and Japans going down, only go deep to see why

    • @suzygirl1843
      @suzygirl1843 Před 3 měsíci

      ​@@nomadcapitalistWe in Africa welcome China. Leave the West behind, the future is China

  • @anguoanzu5124
    @anguoanzu5124 Před 3 měsíci +29

    Thank you Andrew for this eye opening interview

  • @yngvesognen1092
    @yngvesognen1092 Před 3 měsíci +39

    The factor that people forget is automation.The countries with the worst demographics are highly industrialized and will automate most first. That will more than make up for the lack of many workers.

    • @TheMichaelMove
      @TheMichaelMove Před 3 měsíci +4

      Good point

    • @crobinson93
      @crobinson93 Před 3 měsíci +5

      Automation to the level needed is extremely expensive. The demographic crisis in China, and certain countries in Europe is unprecedented. Hopefully they work it out, but I don’t see it happening.

    • @TheMichaelMove
      @TheMichaelMove Před 3 měsíci +3

      @@crobinson93 also a great point. Not because of cost but mindset. China is a country of followers, not innovators

    • @walhdamaskus2408
      @walhdamaskus2408 Před 3 měsíci +20

      ​​@@TheMichaelMove, ur comment look like u is a follower. If china is just a followers, not a innovators, so therefor america is no so afraid of china as a competetor to US.

    • @tchen8124
      @tchen8124 Před 3 měsíci +9

      FYI, China is the No1 Robotic equipments buyer in the world

  • @ty-ger4300
    @ty-ger4300 Před 2 měsíci

    Relaxing conversation to listen to

  • @XkMeng
    @XkMeng Před 3 měsíci +3

    Was there a country called India in ancient times? A bunch of tribes on a subcontinent combined together?

  • @LionelBellec-yb7wr
    @LionelBellec-yb7wr Před 3 měsíci +5

    No word about military Olympic Games in Wuhan few days before , where US team finished at rank 24 and visited many times the Wuhan market which was firstly said to be the source of epidemia?

    • @grandwonder5858
      @grandwonder5858 Před 3 měsíci +1

      Over two dozens American soldiers were sent back to the US when they were sick with a flu-like illness that many disease experts outside the US were suspicious of it being Covid 19, but the US government refused to grant them the right to test those soldiers to see if what made them sick was actually Covid 19 or not! After the games were finished many experts and laymen alike have come to the conclusion the reason the US team did so poorly in the games, like it has never done before, is because its soldiers were busy planting Covid 19 virus into the Chinese markets and restaurants instead of focusing on the games! When you factor the aforementioned facts with the fact that there were so many American soldiers that caught Covid 19 and had to be sent back home now you know why the US was doing so poorly in the games! Instead of finishing within the top 3 like usual, the US team finished 24th! The worst the US has ever done in the Military War Games by a million miles!

  • @cryptopfeifi1655
    @cryptopfeifi1655 Před 3 měsíci +11

    Nice talk

  • @mannydavidcastillo1109

    One hell of an interview

  • @victorjohnson4971
    @victorjohnson4971 Před dnem

    My financial OG Jim Rogers

  • @george6696
    @george6696 Před 2 měsíci +3

    Why the American oil companies so afraid of Chinese made solar panels and EV vehicles, because the America companies like Shell, Mobile, BP, Caltex would be losing its business,

    • @Homo_Sapiens8bln
      @Homo_Sapiens8bln Před 2 měsíci

      Because China is conducting aggressive trade and is active in proxy wars, destroying the usual unipolar world of the United States. Although the USA is doing the same thing, the model it offers is much more acceptable for the rest of the world, democracy is better than autocracy, total surveillance, control of purchases in one application is worse than transparency and individuality. And the idea of communism itself has already been defeated once.

  • @nijixing212
    @nijixing212 Před 3 měsíci +4

    All sanctions will hurt the people, not the elites.
    Russia has been sectioning, but the buyers have to turn to India for second-hand energies purchases

  • @tgt1233
    @tgt1233 Před 3 měsíci +10

    Not sure The West will continue its "Colonialism " or "dominating" but probably not China as we "keep on" having Hollywood making movies not just " fighting" with all species / mankind " on earth BUT " also" "fighting" "territories" with Aliens😅! We never have this type of "very ambitious" "future science " movies making in China😅

    • @LollipopLop
      @LollipopLop Před 3 měsíci

      What?
      So you’re saying you don’t like marvels?
      A lot of Chinese I know like marvels

    • @miroperinich2495
      @miroperinich2495 Před měsícem

      The Chinese are in their own movie.

  • @kampayod
    @kampayod Před 3 měsíci

    Having watched a few clips from this channel, the content is good enough that there's no need to post a dramatic title to attract viewers. The title for this one should be something like " Jim Rogers ' contemporary wisdom"

    • @fc2790
      @fc2790 Před 3 měsíci

      Panda Ass Licker is a more accurate title for this person.

  • @jamesarnett4129
    @jamesarnett4129 Před 2 měsíci

    Been following Jimmy since before he was buying Deutsche mark early 80's. He's one of few I trust.

  • @Makeitgreat1
    @Makeitgreat1 Před 3 měsíci +46

    Not to hard to understand, China is liked by the whole world, they can never fail.

    • @wai-sunchia6190
      @wai-sunchia6190 Před 3 měsíci +13

      Except the G7 and Israel...

    • @fc2790
      @fc2790 Před 3 měsíci

      Stupid. China failed most of the time in human history.
      Read your history, not CCP propaganda.

    • @Hajduk-Kralj
      @Hajduk-Kralj Před 3 měsíci +1

      😂

  • @guestonearth1274
    @guestonearth1274 Před 3 měsíci

    Great

  • @mikegardens
    @mikegardens Před 3 měsíci +2

    It’s interesting that he doesnt acknowledge that politicians are beholden corporate interests and lobbies. Politicians are career corporate chiefs that are rehired in corporations as soon as they leave office. It’s convenient to exploit government and blame it at the same time.

  • @athomenotavailable
    @athomenotavailable Před 2 měsíci

    Refreshingly open minded and unbiased

  • @axli13
    @axli13 Před 3 měsíci +1

    With the many us billionaires create under usd then taking advantage of herd mentality seem important too.

  • @vodekz1534
    @vodekz1534 Před 3 měsíci +17

    Very nice interview, thanks

  • @samanthacat1211
    @samanthacat1211 Před 3 měsíci

    Most important things is America’s own strategies, efforts to ensure America’s security and safety, prosperity and Americans’ happiness by best and better policies to strong economy growth and defense capabilities and unity as one indivisible nation for greatness by America’s own recognitions and principles and learning experiences altogether. We are all Americans and want to see America’s progress together by efforts together through getting things done quickly.

  • @robbatayaki5505
    @robbatayaki5505 Před 3 měsíci +2

    We have one like him in France : Charles Gave, who overinvested in Xina 😅😂😂

  • @ConstanceChisala-vo1ho
    @ConstanceChisala-vo1ho Před 2 měsíci

    True

  • @user-fb2me3th6z
    @user-fb2me3th6z Před 3 měsíci

    ⭐ Renowned investor Jim Rogers discusses investing in frontier markets and the importance of having multiple passports.
    00:36
    Jim Rogers emphasizes the wisdom of having more than one passport for investing purposes.
    Investing in frontier markets like Uzbekistan is gaining traction among investors.
    Rogers highlights the potential risks and rewards associated with investing in frontier markets.

    • @user-fb2me3th6z
      @user-fb2me3th6z Před 3 měsíci

      ⚡ China's dominance in solar energy and engineering talent poses a threat to US companies.
      13:12
      Sony put companies out of business, regrettable but inevitable in the global market.
      Chinese leadership in solar energy and engineering surpasses American counterparts.
      China's growing influence may challenge US companies and market dominance.

    • @user-fb2me3th6z
      @user-fb2me3th6z Před 3 měsíci

      💼 Real estate market skepticism after bubble burst, impacting future investments in Asia and globally.
      17:47
      Real estate market reevaluation post-bubble burst affecting trust and future investments globally.
      Pattern of market skepticism and eventual return to investments seen in past market bubbles.
      Demographic challenges in China influencing market dynamics and investor sentiment.

    • @user-fb2me3th6z
      @user-fb2me3th6z Před 3 měsíci

      📉 Skepticism towards global markets reaching all-time highs, caution on interest rate policy.
      31:07
      Longest period in American history without major problems, but skepticism towards current market highs worldwide.
      Concern about the whole world being successful and prosperous at the same time, historically leading to problems.
      Not selling short yet, but cautious about interest rate policy and the possibility of market corrections.

    • @user-fb2me3th6z
      @user-fb2me3th6z Před 3 měsíci

      💰 Generational success, decision-making, and stability in Singapore compared to the US.
      35:51
      Generations impacting success and stability in Singapore
      Impact of decision-making on momentum and stability
      Observation of increased divisiveness in the US compared to other countries

  • @michellexiao2929
    @michellexiao2929 Před 3 měsíci

    Very wise man , I would say …

  • @impressionfirst8577
    @impressionfirst8577 Před 3 měsíci +1

    👍👍👍

  • @glencarey5274
    @glencarey5274 Před 3 měsíci

    ANGOLA??

  • @dieppeboon9627
    @dieppeboon9627 Před 3 měsíci +10

    US American citizens must learn how to live as a 2 class nation ..as a 2 rate.instead of the 1 class nation

    • @HawkishMerlion1965
      @HawkishMerlion1965 Před 3 měsíci +4

      😂 Chinese rise do no mean American will be second. Chinese culture is about common prosperity, in Chinese is call 大同。

    • @miroperinich2495
      @miroperinich2495 Před měsícem

      @@HawkishMerlion1965 O čemu ti???

  • @alienart777
    @alienart777 Před 2 měsíci

    I came from Uzbekistan and I know that they don't support dual citizenship. How would you get multiple citizenships legally?

  • @TheSiapajadeh
    @TheSiapajadeh Před 2 měsíci

    Dang, Jim Rogers is a true legend. A realist, humble and well informed. He is up there with Charlie Munger imho

  • @jameshack485
    @jameshack485 Před 2 měsíci +1

    Long term I think Japan is in trouble. Their auto industry has been the economic engine for decades and it will be replaced by Chinese EVs this decade. Won't be surprised to see Nissan or another automaker bankrupt in a few years.

  • @Dalshin
    @Dalshin Před 2 měsíci

    in this world no one is to be trusted even your old folks who promised to love and support you forever...

  • @williamwilliam
    @williamwilliam Před 3 měsíci +2

    Have better educated and qualified politicians in government who are also corruption free, and the country will vastly improve with focus in the good of the nation and wellbeing of the people. Comedians, actors, Con artists, habitual liars, charlatans, sociopaths, old people with dementia as leaders just don't cut it.

    • @grandwonder5858
      @grandwonder5858 Před 3 měsíci

      Yeah, how could the American people think putting a con artist, rapist, and pathological liar like Crooked Trump into office a good idea? Sleepy Joe isn’t qualified to be president either! What we need is someone outside the Republican and Democratic parties who actually cares about the average American people and not just the rich!

  • @dieppeboon9627
    @dieppeboon9627 Před 3 měsíci

    I remember it was 350¥ Japanese to 1 $ US

    • @tonytan6547
      @tonytan6547 Před 3 měsíci

      that was before the Plaza Accord in the 1980s

  • @johnnyng8527
    @johnnyng8527 Před 3 měsíci

    Check out the bitcoin inventory of china as well

  • @tonytan6547
    @tonytan6547 Před 3 měsíci +1

    Mr. Jim Roger is great

  • @junlifang2896
    @junlifang2896 Před 3 měsíci

    🎉

  • @blolee-gc1sr
    @blolee-gc1sr Před 3 měsíci +26

    singapore is also a chinese country, it has a good dictator.

    • @cheehincheong6719
      @cheehincheong6719 Před 3 měsíci +5

      Not.

    • @blolee-gc1sr
      @blolee-gc1sr Před 3 měsíci +11

      sigapore founder,lee, 李光耀, as leader of singapore for 31 years, his son, 19years.

    • @kongwee1978
      @kongwee1978 Před 3 měsíci

      Better than US in personal safety for all skin colours. @@cheehincheong6719

    • @seokjin3000
      @seokjin3000 Před 3 měsíci +11

      Exactly. It has a dominant ruling party (PAP) like Japan (LDP) and China (CPC).

    • @currystpen
      @currystpen Před 3 měsíci

      hahah

  • @lawrencecheong29
    @lawrencecheong29 Před 3 měsíci

    HEAR, HEAR!

  • @folag
    @folag Před 3 měsíci

    GM has sold made & sold more cars in China than in the US for a few years. What do you think of that?

  • @andytan911
    @andytan911 Před 3 měsíci +4

    All his predictions since 10 years ago were all wrong, he told everyone to put all their money in Myanmar, now it is shut down, you will die listening to him😂

    • @grandwonder5858
      @grandwonder5858 Před 3 měsíci

      Myanmar was climbing up the rankings until the US knocked it down with regime change and color revolutions that the US has done inside the country! Once the US has put its puppet leaders to run the country's government the country is finished as far as being anything great!

  • @lamodernista
    @lamodernista Před 3 měsíci +1

    One of those 'stan' places...

  • @davidwong7283
    @davidwong7283 Před 3 měsíci +2

    a country is very much like a human , to produce , you need to be fit . are americans fit ? or obese and overweight ?

  • @Pal-us9uv
    @Pal-us9uv Před 3 měsíci +2

    Is this an old interview?

    • @nomadcapitalist
      @nomadcapitalist  Před 3 měsíci +2

      No

    • @Pal-us9uv
      @Pal-us9uv Před 3 měsíci +2

      @@nomadcapitalist thank you. You are very powerful. China 👌

    • @ibrahimkuyumcu2649
      @ibrahimkuyumcu2649 Před 3 měsíci

      @@Pal-us9uv Chira soo pawerfu. Many steel/iron for der ship-building capability; no US can compee agains dis one.

  • @jjhoughton2812
    @jjhoughton2812 Před 3 měsíci +1

    For millions of people who work for food it's hard to adjust to eating money. Americans need to go hungry. You don't miss the water till the well runs dry. You guys profit from people trying to get more than basic food, clothing and shelter. That's life. Where does the drug money go?🤔🌍✌

  • @ramraichandani3425
    @ramraichandani3425 Před 3 měsíci

    I could have told you so,when we open the flood gate in the 80s

  • @RobbsHomemadeLife
    @RobbsHomemadeLife Před 3 měsíci +3

    Restricting foreign nationals specifically Chinese from purchasing our farmland makes good sense. First of all we have seen what they have done with their farmland in many cases and it's not good. It is a stupid policy for any nation to let foreigners own their means of producing food for its citizens. It's very unlikely foreign owners have the best interest of the nation and its people in their hearts.

    • @gmanhan8305
      @gmanhan8305 Před 3 měsíci

      Are you suggesting there should be no U.S. products consumed outside the U.S.?

    • @grandwonder5858
      @grandwonder5858 Před 3 měsíci

      China owns less than .25% of US’s farmlands so get your facts straight! Over 94% of US’s foreign-owned farmlands are owned by European countries, the rest is owned by Canada! So why don’t you cry about the 99.75% of the American farmlands that are owned by the Europeans and the Canadians? China owns about the same amounts of American farmlands as Bill Gate! You better stop watching too much fake news from your American fake news channels, such as Fox, CNN, MSNBC, and OAN! They make your brain retarded!

  • @michaelgrobshteyn7049
    @michaelgrobshteyn7049 Před 3 měsíci

    I would suggest India. Happily invested in Mukesh Ambany Reliance Industries. India surpassed China. Western companies are moving in mass to India.

  • @miriguwa1958
    @miriguwa1958 Před 2 měsíci +1

    Wonder what Gordon Guthrie Chang has to say.

  • @bertchen323
    @bertchen323 Před 3 měsíci +1

    We don’t know China or Russia.

    • @LollipopLop
      @LollipopLop Před 3 měsíci

      Russia is trash
      China is more powerful than them

  • @a.shikatoswu5400
    @a.shikatoswu5400 Před 2 měsíci

    I heard the one who preach about capitalism are now afraid of Chinese capitalist system of fair competation.

  • @hongkhamchittarath7224
    @hongkhamchittarath7224 Před 3 měsíci +1

    Dominate what?

  • @shdas123
    @shdas123 Před 3 měsíci

    I wonder if all the positivity about China is reaching the mainland over the firewall.

  • @mozi3051
    @mozi3051 Před 2 měsíci

    The problem starts when you consider your govt and corps above corruption.

  • @mari-leo8807
    @mari-leo8807 Před 3 měsíci +1

    NO WAY

  • @kaushikthaker9666
    @kaushikthaker9666 Před 2 měsíci +1

    Off course he would say that because he has invested his life's savings, if china sinks then he in his old age would be bagging on the streets new York. He's lieing to protect his interest.

  • @KC-pm2mf
    @KC-pm2mf Před 3 měsíci

    What I have watched one CZcams video President said house is for living not for speculations. Over 95% Chinese people owned their property they live. Government would not allow people own more than one property president Shi doesn’t support everygrand the way this company run their company that use the 30% buyer’s deposits to buy the land before it builds. Most of the foreign investors.All these information from CZcams videos.

  • @tinalund7262
    @tinalund7262 Před 3 měsíci

    Haha I love the point where he starts to deny anything about Mongolia and the NC founder had to close his eyes to reimage his imvesment there..

  • @yz4881
    @yz4881 Před 2 měsíci

    There isn't a word in the Chinese language that has a very similar meaning to "dominate." Chinese culture is not interested in dominance. The purpose of dominance arises only when individuals seek to enforce their own thoughts onto others. Chinese culture seems to never has this mentality. When they were at their peak and could easily destroy anyone, they didn't do it. They actually learned the benefit of 'dominance' from the West.

  • @gardeningrelaxation
    @gardeningrelaxation Před 3 měsíci

    Andrew made millions by against United State. I used to like his program but now start thinking how real his program is.

  • @sf2998
    @sf2998 Před 3 měsíci

    anyone interested in buying at least 10%? who and for how much?

  • @Hi-eu5mv
    @Hi-eu5mv Před 3 měsíci +1

    Yes agreed! The next China's is still China! 😍🇨🇳🙏

  • @will4417
    @will4417 Před 3 měsíci +37

    "Sounds like United States, doesn't it?" when you're not completely brainwashed, idolizing a flag or singing a stupid anthem with tears in your eyes like a toddler

    • @kongwee1978
      @kongwee1978 Před 3 měsíci +1

      Everyone on earth should sing American anthem in tears for freedom democracy!

    • @will4417
      @will4417 Před 3 měsíci

      ​@@kongwee1978 lol properly brainwashed. And "freedom" with tariffs, import quotas, over 60% of capital seizure hidden under several layers of taxation, occupational licenses, minimum wage laws, union laws... that's called socialism. Meanwhile, your democratically elected politicians pocket millions of dollars shoving patriotism down your throat so that you sing your stupid anthem, proud of being part of this absolute garbage of a country and keep funding their pockets happily.

    • @will4417
      @will4417 Před 3 měsíci

      @@kongwee1978 Freedom lol. Tariffs and import quotas to "protect domestic industries" so no freedom to trade, minimum wage laws, union laws, over 60% of capital seizure through several layers of taxation, a ruling class of politicians who pocket money at will... That's called socialism, and the opposite of freedom. Brainwashed Americans mindlessly throwing the word "freedom" around with absolutely no understanding of what it means lol

    • @amraceway
      @amraceway Před 3 měsíci +7

      @@kongwee1978 Pity they don't practice what they preach.

    • @tonytan6547
      @tonytan6547 Před 3 měsíci

      bullshit in a no-brainer's mind@@kongwee1978

  • @mackelremz3330
    @mackelremz3330 Před 3 měsíci +2

    hoping china will follow international law..like the law of the sea..

    • @yenphung8809
      @yenphung8809 Před 3 měsíci +1

      How do you like if China ship goes around the US to Cuba? Are you ok with it? Are you going to respect that?

    • @mackelremz3330
      @mackelremz3330 Před 2 měsíci

      now china start doing that every where in the world china wants to replace US remember china is communist country..

    • @mackelremz3330
      @mackelremz3330 Před 2 měsíci

      now china starting doing that everywhere in the worldchina wants to replace US remember china is communist country..

    • @lisashung9442
      @lisashung9442 Před 2 měsíci

      International Laws? America has never follown any international laws if it’s not convenient to him. On the contrary, it has been forcing the others to obey his privately made rules--Called “The Rule Based World Order” Have you not heard about it? 😂

  • @girishsahni
    @girishsahni Před 2 měsíci

    also rogers since years .. hold only silver.