Multimillionaire investor Jim Rogers was recently interviewed on Bloomberg. Last year must have been a nice one since he sold his $15 mansion and moved to Singapore, but mind you, he still doesn’t have very many nice things to say about the dollar.
“Moving to the UK in 1807 would have been brilliant, moving to America in 1907 would have been brilliant, we’ll see if moving to Asia in 2007 was brilliant.”
According to Jim, learning Mandarin is a key element to being financially successful in the 21st century; which is why both of his daughters are learning the language. Another interesting point he brought up was his plan to get rid of all of the US dollars he owns by next year (what he calls “a terribly flawed currency”).
By the time he agreed with the speculation of oil passing $200 a barrel, I was already tense. But the real clincher was his prediction of the disappearance of the American Central Bank in the next decade.
Now would be a good time to take some Mandarin classes.
