I love listening to Jim Rogers...his wisdom knows no bounds. He's not shilling for the democrats or the republicans...he's just slagging all governments everywhere...I love this guy!
The thing I like about Jim is that he gives you the big picture from a historical perspective. He’s not hawking a investment fund or stock. Instead he’s telling us what he thinks is going to happen.
An interesting perspective: young people in Japan have the ambition to work for the government; the government in Japan is printing money to buy stocks in corporations. The government is printing money like there's no tomorrow and spending on bridges to nowhere. These policies are socialism and communism in practice, which will end economic progress at best and lead to social disruptions.
“If you spoke Mandarin, I would love to live in Japan!” That’s a good one! A hint , that is so profound for the Japanese to think deeply about if they actually cared about the future of their country.
You sir are an investor just as Rogers is; everyone else is either a speculator or gambler.... example is demographics which Rogers is fully aware of.... the greatest gains is four years BEFORE the speculators and gamblers find out. another example is 7.3 billion people and decreasing farms and farmers .... You will succeed where others fail.
What I like about commodities they are really better than stocks why stocks are pretty much based on the economy people spending commodities are raw materials that we rely on no matter what state of the economy examples oil, natural gas, cotton, coffee, e.t.c .
I wonder why Japan hasn’t increased the tax and also hasn’t accommodated immigrants in the same manner as Denmark or Germany. The people no longer want to work as used to be. The tax can offer funds to increase social services for the aging population. And they don’t want to raise kids as they were. Immigrants will offer a fresh base of taxation’s. The answer is simple. Increase the sales tax rate and accept immigrants.
Lets just be honest, if japan want to have higher birth rates then it must decrease female education and return to traditional family structure and marriage as a religious institution rather than love.
TheYah00netstar yes, they might be right. The data doesn’t show poverty to be correlated with birthrates without welfare. Also there are lots of rich societies with high birthrates but they all lack educational and career opportunities for women. There are no societies with high brith rates and high educational and career opportunities for women, minus immigrants and recent immigrants who have no fully assimilated.
Japan is a cautionary tale of what not to do when agreeing to terms of trade with the US. From high science and cutting edge innovation to sushi Chefs and AV Idols, that's what's become of this once world beating economy
people are going to flee to gold and silver, this time, not the dollar, again, because the Chinese already have too many dollars, gold on the other hand, has no counter party risk, and has been money for over 5000 years.
Bruce Chan IB is interactive brokerage firm. They allow US citizens to have an account with them. So u have an access to whole world markets. US ASIA PACIFIC COUNTRIES LATIN AMERICA ETC
Japan has old and declining economy. As Jim advised investors need to avoid wasting money by putting into japan. It is funny that japans cetural bank is printing money to buy stocks for sustain. It is a sign that japan economy is not sustainable by itself. Good bye japan
*That is a great move by Japan...it will not only narrow the debt to a 100% level...but also contribute to greater sharing/transfer of wealth to its citizens...*
He’s smart guy but he makes a terrible contradiction “fiat money i is being printed through the roof and all money going to internet but the growing crypto asset markets will go to zero” That is one of most ignorant comments I’ve ever heard
A wealthy elitists view of future economy. He could not be more wrong in many respects. The US, Europe and China will split into seperate regional economies looking something like how major cities operate. They will benefit and produce yields by sucking up all the resources of smaller surrounding countries. They will be more like local imperialism that will help to develop those counties tremendously. My advice is to invest in those satellite countries such as Mexico and Vietnam.
This guy gets a lot of 'facts' wrong. Nearly everything he says is incorrect. Japan never spoke Chinese; it adopted its writing system. MMT is not a prescription, but a description of how the modern monetary system works. Neither does it posit 'unlimited' money printing, it says that inflation is the limit. Nor was it tried in Zimbabwe or any place else. There is precious little immigration out of Japan. Japan's building budget has been GOING DOWN for the past 20 year. It has NOT continued to build.
Steve Mayfield how can Roger’s talk about warts on your ass when he has none. Have you had a brain injury? That is about the dumbest thingI have heard.
Rogers is sort of a clown, sorry. He has been wrong SO much. The idea that there is too much debt is not news. He also thinks the Chinese CCP is a lovely form of government. I've watched him for years - not impressed.
Haaaaaaaaaaa Poor Jim is stuck in the gold standard lol. The economy is not going to crash and Japan is going to be fine with all that debt, debt is meaningless, (MMT). The promise of the reduced work week is at hand, humanity will move into the leisure age. Automation will continue, urbanization will continue guaranteeing population decline. Three classes of people, the New Aristocrats(tell everyone else what to do), servers(majority of population, they serve) and the Technicians(Highly skilled scientist, doctors and engineers) they keep everyone alive. All we have to worry is that with the coming population decline nothing happens to the Technician class, here is the danger to humanity, everything else is political endeavor.
Japan has too much debt, should cut spending.thats wrong. Japan has no debt, rather lending more money to foreign countries than borrowing money. What he calls debt is just how government spent money in the history. Government debt is Japanese people's surplus. Japan needs to print more money and invest on the economy, infrastructure, increase salary for young people, education, and technology. Receiving immigrants is a huge mistake.
And btw population going down is a good thing. No one seems to get that, including you Jim, because you’re a one dimensional character. There are far too many people on this planet and that’s why we have massive environmental problems. Things will shrink, not always expand exponentially, there’re a physical limitations to everything, and you just live in an economical bubble and grotesque capitalist ideals.
Yo Jim ojisan, Japanese kids aren’t going to pick up Mandarin like your kids in Singapore will, what kind of logic are you thinking? “Duh, i am an american, and everyone should speak English, except for when I want to make sweet China money”. Jesus brother get a grip, we’ll see how well your predictions come true over the next 20 years
It is a very unfortunate introduction. I stoped watching this when I heard Jim loved Japan, wanted to live in Japan if he spoke Mandarin and Japan don’t like foreigners...Really sounds like you know much about Japan. Good lack on your new book. Goodbye
I love listening to Jim Rogers...his wisdom knows no bounds. He's not shilling for the democrats or the republicans...he's just slagging all governments everywhere...I love this guy!
He loves the ice cream story - everytime
Jim Roger is one of the most knowledgable and honest financial guru in the world. I fully respect his views on financial matters
The thing I like about Jim is that he gives you the big picture from a historical perspective. He’s not hawking a investment fund or stock. Instead he’s telling us what he thinks is going to happen.
Davidson Lankford he is always “talking his book”. Don’t be naïve.
Jim, you shouldn't be drinking coke all the time, especially if you want to live to see your wonderful daughters flourish. God bless.
Buffett drinks 5 cans of coke everyday. If you knew much about Jim Rogers, you can always hear him on his rowing machine while doing phone interviews.
An interesting perspective: young people in Japan have the ambition to work for the government; the government in Japan is printing money to buy stocks in corporations. The government is printing money like there's no tomorrow and spending on bridges to nowhere. These policies are socialism and communism in practice, which will end economic progress at best and lead to social disruptions.
His prediction has aged well, hasn’t it?
Priceless.
"Debt everywhere in the world has skyrocketed" - not in Russia which now has more government liquid assets than debt.
Same "Safe heaven" story every recession and then plunge horribly with all other economies. Over and over again...
“If you spoke Mandarin, I would love to live in Japan!” That’s a good one! A hint , that is so profound for the Japanese to think deeply about if they actually cared about the future of their country.
The comments here are idiotic
About 5 years ago Jim Rogers said to invest in Palladium
He was VERY correct . He is a genius
You sir are an investor just as Rogers is; everyone else is either a speculator or gambler.... example is demographics which Rogers is fully aware of.... the greatest gains is four years BEFORE the speculators and gamblers find out. another example is 7.3 billion people and decreasing farms and farmers .... You will succeed where others fail.
GOLD......
Fulford and Rogers...nice!
What I like about commodities they are really better than stocks why stocks are pretty much based on the economy people spending commodities are raw materials that we rely on no matter what state of the economy examples oil, natural gas, cotton, coffee, e.t.c .
Thank you Jim Rogers.
Brilliant. Thanks
Digital money will lead to Mark of the beast
I wonder why Japan hasn’t increased the tax and also hasn’t accommodated immigrants in the same manner as Denmark or Germany.
The people no longer want to work as used to be. The tax can offer funds to increase social services for the aging population. And they don’t want to raise kids as they were. Immigrants will offer a fresh base of taxation’s.
The answer is simple. Increase the sales tax rate and accept immigrants.
Thanks very much for the free insights! All the best for Jim Rogers, greetings from Germany. Xie`Xie:)
That's mandarin, you fool!
I've a feeling Japan will be fine.
Lets just be honest, if japan want to have higher birth rates then it must decrease female education and return to traditional family structure and marriage as a religious institution rather than love.
MT - *I have heard the Japanese feels that having too many babies...would be something the less educated do...or/and also a third world mentality...*
TheYah00netstar yes, they might be right. The data doesn’t show poverty to be correlated with birthrates without welfare. Also there are lots of rich societies with high birthrates but they all lack educational and career opportunities for women. There are no societies with high brith rates and high educational and career opportunities for women, minus immigrants and recent immigrants who have no fully assimilated.
Didnt talk about automation?! Japan is certainly looking at this.
Japan is a cautionary tale of what not to do when agreeing to terms of trade with the US. From high science and cutting edge innovation to sushi Chefs and AV Idols, that's what's become of this once world beating economy
Delusional lmao 🤣
waiting for gold being under 1000, Mr. Rogers
Not in your life
Did this man really say my favorite country is United Korea(birth rate 0.9)? I guess he is the most talented person in the world.
people are going to flee to gold and silver, this time, not the dollar, again, because the Chinese already have too many dollars, gold on the other hand, has no counter party risk, and has been money for over 5000 years.
martial art = safe heaven
He is Wrong because in 2029 Technological Singularity will start))
Is there any company based in Vladivostok Russia which we can buy stock?
Bruce Chan if u have a IB account u can invest in EM particularly in russia even govt bonds with 7% return
@@kazakman7772 Appreciate ur kind reply, However, what is IB? I have an US stock account.
Bruce Chan IB is interactive brokerage firm. They allow US citizens to have an account with them. So u have an access to whole world markets. US ASIA PACIFIC COUNTRIES LATIN AMERICA ETC
@@kazakman7772 It's great. I will open an IB acount ASAP. Thanks a lot!
Wonderful speech
11:00 on crypto currency
RUclips: Project for the New American Century .
Japan has old and declining economy. As Jim advised investors need to avoid wasting money by putting into japan. It is funny that japans cetural bank is printing money to buy stocks for sustain. It is a sign that japan economy is not sustainable by itself. Good bye japan
*That is a great move by Japan...it will not only narrow the debt to a 100% level...but also contribute to greater sharing/transfer of wealth to its citizens...*
Yes, I agree on the country of Venezuela it's going to be a developing country.
Start your kids on chicken chow mein ASAP!
I thought Greece and Egypt practiced austerity and look what happened.
You may need to hold your breath for a long time, Linh H Le
how funny this is a talk regarding the issue Japan faces,while it all directed to some other countries
money(virus) = live in 📱
He’s smart guy but he makes a terrible contradiction “fiat money i
is being printed through the roof and all money going to internet but the growing crypto asset markets will go to zero” That is one of most ignorant comments I’ve ever heard
japan = dubai(1% ruling family + 99% philipins/india/indonesians/pakistans,...)
asia = 3,2bil people
so
japan = ok
dow27.7k new highs Jim never late to ride this greater bull run... oct 6 2019 wed
MIN 08:00 Ben Fulford, dude You need to do some walking, bike or gym, for real ...
.
What happens to the price of gold when they rush to the dollar?
no one likes to ask that question
They'll both go up together but gold will stay up.
Once upon a time, Japan wrote in Chinese, not spoke!
they still write and speak chinese
A wealthy elitists view of future economy. He could not be more wrong in many respects.
The US, Europe and China will split into seperate regional economies looking something like how major cities operate. They will benefit and produce yields by sucking up all the resources of smaller surrounding countries. They will be more like local imperialism that will help to develop those counties tremendously.
My advice is to invest in those satellite countries such as Mexico and Vietnam.
Jim Rogers is no investor -- he just talks about investing without putting on positions to back them up with real money. A real has-been.
what are you talking about? he made correct bet on Russia after trump's election. At that time no one believed him.
@@goodbookisgood Did he use any real money or just hot air?
@Jawad HHave some pork, you'll feel better.
got him wrong!
I will take his advice over yours anytime.
仮想通貨について
人々が貝殻や角砂糖をお金として使わなくなったのは、イギリス政府が武力を背景に自国通貨以外のものの使用を禁止したからだ。
中央銀行システムについて
お金を刷りまくって金利がマイナスになっている。こんなことは今までにない。中央銀行は何をやっているのかわかっているのか。通貨の転換などで中央銀行が消えることもありえる。
MMTについて
同じような事をやった国はあるが、成功した国はない。タダで手に入るものなどない。
日本がこの世界から消えないようにするにはどうしたらいいか
過去30年間、借金が膨れ上がり、人口が減り、税金が上がった。日本人は無意識に問題を察知しているから子供を作らない。日本はもう一度国民を元気づけて何かを生み出さなくてはならない。難しい問題で何ができるか分からない。
財政出動による資金が株式市場に与える影響について
どの国も大量のお金を刷って株式市場に投入しているが、私は株式市場がこれを分かっているのか疑っている。35年前にこのような事をすれば逮捕されているが、今は褒めたたえられている。
今後のあなたのアジアでの長期投資戦略について
ロシアや中国や朝鮮半島など投資先を探してはいるが、今は急いではない良い市場が開くまで様子を見ている。どの国でも農業がおざなりにされ危機的状況にある。危機はチャンスでもあり投資するなら農業分野かもしれない。
日本はキャピタルフライトにより崩壊するか
キャピタルフライトはどこにもでもある。他にも良くない問題がある。
世界的に問題がある。莫大な負債がありそれが2008年に破たんした。その時は中国のお金で助かったが、今は中国も莫大な負債がある。みんなこのゲームが終わると知ってる。どこにお金を置けばいいのか？全ての通貨が下落するなら人民元やゴールドが良いかもしれない。政府が崩壊し通貨が消えることは歴史上いくらでもあったからそれに準備するしかない。
日本は外国人嫌いだが、移民受け入れについて日本に助言はあるか
昔はパスポートなどなく自由に行き来していた。出入国管理にはコストがかかる。日本は新しい人や血が必要だと思う。純血主義だと縮小していく。国境を開かなければ経済も行き詰る。
中国について日本と同じ道をたどりますか。出生率が下がりビルでいっぱいになるみたいに。
中国と日本は状況が違う。日本は良いインフラがあるのにまだ作り続けてる。中国はこれからもっと必要だし問題はあるがまだ成功の余地がある。
株価は天井で、逆イールドカーブが出ているが米ドルはまだ安全資産か
ユーロ、ポンド、スイスフランどれも米ドルより当てにならない。仮想通貨については先に述べた。他にマシな通貨がない。あるなら教えて欲しい。
香港について 北京ともめてるが投資家としてどうするか
香港には産業投資先が無い。安定してないからみんな投資しないし未来がない。シンガポールやシェンジェン上海？に投資した方がいい。中国政府としては香港をいじっても得は無い。
インドについて
すばらしい国だけど官僚制が強すぎる。政府の内部にいるか、人脈がないと儲けられない。優秀な人は外で教育を受けた人でインド内にあまりいない。
ありがとうございます。シェンジェンは深圳のことですね。
老大们，发电站， 买完，蓄水买池 ！！！
He has put on a very unhealthy amount of weight.
India is known for talking more than reality , investing there is a hightmare. What happen to Japan's high speed train project?
ruclips.net/video/TAPYin4MMPI/видео.html
👀
I taught Japan was a creditor nation? 🤔
They were. Japan now is a debtor nation.
Jim doesn't look well.
Steve , fat, short of breath.
@@shepherdsknoll8 getting old and drinking too much Coca Cola!
HK is expedite its decline as many Chinese cities had overtaken HK , it is just a matter of time HK will be relpaced by Shanghai & Shenzen
Shanghai & Shenzen already have.
This guy gets a lot of 'facts' wrong. Nearly everything he says is incorrect.
Japan never spoke Chinese; it adopted its writing system.
MMT is not a prescription, but a description of how the modern monetary system works. Neither does it posit 'unlimited' money printing, it says that inflation is the limit.
Nor was it tried in Zimbabwe or any place else.
There is precious little immigration out of Japan.
Japan's building budget has been GOING DOWN for the past 20 year. It has NOT continued to build.
How Jim Rogers talk about crypto currency when he owns none?
You for real?
Yep how can Rogers talk about crypto when he has none?
Steve Mayfield how can Roger’s talk about warts on your ass when he has none. Have you had a brain injury? That is about the dumbest thingI have heard.
@@GlobalDrifter1000 that made me laugh. Brilliant
Rogers is sort of a clown, sorry. He has been wrong SO much. The idea that there is too much debt is not news. He also thinks the Chinese CCP is a lovely form of government. I've watched him for years - not impressed.
He had a good run back in the '70s.
enzyme12345 Right...so why do you listen to this video or they gave him the publicity??? Are they stupid???! Sorry just want to know more?!?!
Haaaaaaaaaaa Poor Jim is stuck in the gold standard lol. The economy is not going to crash and Japan is going to be fine with all that debt, debt is meaningless, (MMT). The promise of the reduced work week is at hand, humanity will move into the leisure age. Automation will continue, urbanization will continue guaranteeing population decline. Three classes of people, the New Aristocrats(tell everyone else what to do), servers(majority of population, they serve) and the Technicians(Highly skilled scientist, doctors and engineers) they keep everyone alive. All we have to worry is that with the coming population decline nothing happens to the Technician class, here is the danger to humanity, everything else is political endeavor.
Japan has too much debt, should cut spending.thats wrong. Japan has no debt, rather lending more money to foreign countries than borrowing money. What he calls debt is just how government spent money in the history. Government debt is Japanese people's surplus. Japan needs to print more money and invest on the economy, infrastructure, increase salary for young people, education, and technology. Receiving immigrants is a huge mistake.
I don't agree with Jim on the cryptocurrency. He speaks like Warren But Crypto will change the world dramatically.
Which one though? Government will never relinquish the power.
Why is Jim so pessismistic about Japan?
high debt,no economic growth,low birth rate, aging population,no immigration.
And btw population going down is a good thing. No one seems to get that, including you Jim, because you’re a one dimensional character.
There are far too many people on this planet and that’s why we have massive environmental problems.
Things will shrink, not always expand exponentially, there’re a physical limitations to everything, and you just live in an economical bubble and grotesque capitalist ideals.
Good point to think!
Great interview, but I think he's too quick to write off crypto. Crypto is a good currency to use when everything else crashes.
こいつ、中国語と漢字をごっちゃにしてね？
Yo Jim ojisan, Japanese kids aren’t going to pick up Mandarin like your kids in Singapore will, what kind of logic are you thinking?
“Duh, i am an american, and everyone should speak English, except for when I want to make sweet China money”.
Jesus brother get a grip, we’ll see how well your predictions come true over the next 20 years
You've completely missed the point
It is a very unfortunate introduction. I stoped watching this when I heard Jim loved Japan, wanted to live in Japan if he spoke Mandarin and Japan don’t like foreigners...Really sounds like you know much about Japan. Good lack on your new book. Goodbye
This is why the country is stuck. Because the people cannot hear the painful truth.
what is the painful truth?
he doesnt want to offend chinese country he is living in. he is being "diplomatic"?
Are you dimentia ! ? Poor person …