Jim Rogers: "Time To Worry" About China's Economic Troubles and Market Overexuberance

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Today, we are privileged to welcome Jim Rogers, investing legend and co-founder of the Quantum Fund, which famously returned 4200% over just 10 years.
In this episode, Jim discusses the overexuberance that he believes is ramping up in global markets in 2024. One exception to this trend is China, which is going through a period of “despair” following its real estate bubble.
Jim also mentions why he's investing in countries like Uzbekistan before sharing insights into his long/short investment strategy and the key qualities of a successful investor. Enjoy!
Key Takeaways:
0:06 How to Invest Like Jim Rogers
4:48 Japan's Economic Highs and Lows
9:49 Market Overexuberance Concerns
15:00 China's Real Estate Bubble
20:08 Risks of Escalating Wars
25:28 Economic Troubles Ahead
30:48 Lessons on Successful Investing
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#jimrogers #china #chinaeconomy #uzbekistan #georgesoros #stockmarket #realestate #investing

Пікірлер: 169

  • @OptoThemes
    @OptoThemesАй бұрын

    📈 Your Innovation Portfolio Starts Here🚀 *Download our FREE app now (US & UK)* → optothemes.onelink.me/BZDG/ti2lb2fd

  • @flashfuture27
    @flashfuture272 ай бұрын

    Few years back, Jim wanted everyone to go all in on China

  • @shauna996

    @shauna996

    2 ай бұрын

    Yes, I remember an interview with him a few years ago saying China was ascendant and it was going to be the best investment choice for decades.

  • @flashfuture27

    @flashfuture27

    2 ай бұрын

    @shauna996 I've always respected Jim, but I always felt funny about his views in China. Never thought a centralized command style economy could predict market outcomes.

  • @sulavaca

    @sulavaca

    Ай бұрын

    ​@@flashfuture27You're correct. China's central command had destroyed and suppressed the economy for a hundred years, but then they reduced their central command control, at first when they allowed "special economic zones", which were free of many government prohibitions and regulations. This is what Jim saw all those years ago.

  • @ednan9

    @ednan9

    Ай бұрын

    You’re funny - write before watching video - became victim of click bait

  • @oldernu1250

    @oldernu1250

    Ай бұрын

    Remember he moved there, tried to learn language. Obviously smart man who was also fooled by the CCP.

  • @nmatthew7469
    @nmatthew74692 ай бұрын

    Boy, Jim has changed his tune a bit after moving to the far east a decade ago, having his kids learn Chinese, thought it was all the future Jim.?

  • @Canadian_Eh_I
    @Canadian_Eh_I2 ай бұрын

    Didnt Jim used to think that China was going to take over as the the strongest economy in the world? Just wondering if he changed his mind on that?

  • @user-hv3uf7om6g
    @user-hv3uf7om6g2 ай бұрын

    Jim Rogers used to be a big cheer leader of Chinese economy.

  • @nmatthew7469

    @nmatthew7469

    2 ай бұрын

    Yeah, his tune has notably changed a bit.

  • @cstevenson5256

    @cstevenson5256

    2 ай бұрын

    The biggest

  • @anthonyferris8912

    @anthonyferris8912

    Ай бұрын

    Moved to Hong Kong and had his children learn Chinese.

  • @cstevenson5256

    @cstevenson5256

    Ай бұрын

    @@anthonyferris8912 singapore

  • @cheesy132
    @cheesy1322 ай бұрын

    Rarely does Jim Rogers reveal any new insights.

  • @kongakau5058

    @kongakau5058

    2 ай бұрын

    Nothing new here

  • @robichard

    @robichard

    2 ай бұрын

    And he is always vague about his role in the founding of the Quantum Fund with George Soros. I have always wondered why.

  • @fruitloops3718

    @fruitloops3718

    2 ай бұрын

    Thanks for letting me know. It's always the same old folksy manner of speaking saying buy low and sell high. What genius I tell you.

  • @akashmurthy7464

    @akashmurthy7464

    Ай бұрын

    Lucky people getting old sound like him. Never had anything worthy to contribute.

  • @Larrye123
    @Larrye1232 ай бұрын

    Only a few US tech stocks are rising. Am I correct?

  • @issenvan1050
    @issenvan10502 ай бұрын

    No timestamps?

  • @duong055
    @duong0552 ай бұрын

    Good interview

  • @cstevenson5256
    @cstevenson52562 ай бұрын

    It is not a bubble that is the problem, it stills has a property bubble, an asset bubble overall, but it has an economic model problem.

  • @issenvan1050
    @issenvan10502 ай бұрын

    Markets are by & large a popularity contest.

  • @issenvan1050
    @issenvan10502 ай бұрын

    Should silver behave like gold or copper during a recession?

  • @tonysu8860
    @tonysu88602 ай бұрын

    Japan's economy hasn't been contracting because of financial management only, Japan has been able to counteract the effects of a declining population by being one of the world's leaders in advanced automation and technology. Japan remains hughly productive as the global #4(dropping one spot to India only this past month) econy as measured by GDP.

  • @OptoThemes
    @OptoThemes2 ай бұрын

    If you liked this episode, can you please hit the like button on the video & subscribe? 👍 We appreciate your support!

  • @Userr-Chen-Chen
    @Userr-Chen-Chen2 ай бұрын

    Mr Jim Rogers 👍

  • @kahvac
    @kahvac2 ай бұрын

    Maybe this time its different.....Jim knows better !

  • @karlopeternel7685
    @karlopeternel7685Ай бұрын

    Such an investor legend ✨️👊✨️ Such a cowboy investor legend ✨️✨️✨️✨️✨️✨️✨️

  • @hubaermi
    @hubaermi2 ай бұрын

    Good good.

  • @mikec4845
    @mikec48452 ай бұрын

    I love how everyone wants to know how the people like Jim Rogers got wealthy. If people like Jim Rogers told everyone how they did it and everyone followed their paths, how are people like Jim Rogers going to get rich if everyone is doing what they did? Jim Rogers NEEDS people like us to get rich otherwise no one will get rich.

  • @medialcanthus9681

    @medialcanthus9681

    2 ай бұрын

    Family secret recipes are only handed down to family.

  • @yongdeng1813

    @yongdeng1813

    2 ай бұрын

    Some wise man once said” when someone is coming out with a book about how to get rich,everytjing in the book is outdated”…

  • @riojoe5156
    @riojoe51562 ай бұрын

    Shouldn't you worry about US economy?

  • @phil20_20

    @phil20_20

    2 ай бұрын

    You mean with the highest GDP ever and falling post-Covid inflation?

  • @Theactualclips

    @Theactualclips

    2 ай бұрын

    He was talking about the US’s tech bubble. The video’s title was clickbait. About how the Tech market is a giant bubble.

  • @lisizecha9759

    @lisizecha9759

    2 ай бұрын

    He does, but he is not ready to sell short just yet

  • @cstevenson5256

    @cstevenson5256

    2 ай бұрын

    Why? We don't have industries operating at 30% capacity and a bunch of wasting assets. We don't have empty housing fully price controlled at highest value that is empty and able to house 1.4 to 3 billion people while having the fastest collapsing demography in world. We don't rely on exports to employ our people. We aren't a developing country whose debt profile is as high as an advanced country. We don't have a GDP that doesn't write off bad investments, but collateralized them, increases bad assets by rolling over unpaid interest into next year's loans and have a banking sector whose assets are so bloated. If China wrote off bad investments its economy would shrink 40 to 60% and its assets would disappear. The thing is, you people have told yourselves the wrong story for so long.

  • @cstevenson5256

    @cstevenson5256

    2 ай бұрын

    The biggest

  • @joelferguson8714
    @joelferguson87142 ай бұрын

    Jim was in the right place at the right time.

  • @fruitloops3718
    @fruitloops37182 ай бұрын

    Jim seems very down these days. He must have lost a shit ton of money from chinas market crash. He really loves china as he made alot of money on the way up. However china never gives up anything of value. Never invest in china unless you're prepared to loose everything you've invested.

  • @ednan9

    @ednan9

    Ай бұрын

    May be his young wife bailed on him :)

  • @leelaitiam19
    @leelaitiam19Ай бұрын

    Jim is sane . He is right in how war is started and people don't know how to get out.

  • @junlifang2896
    @junlifang28962 ай бұрын

    🎉🎉

  • @tonysu8860
    @tonysu88602 ай бұрын

    Despite negative comments I see posted, IMO Jim Rogers'discussion appears to be fair. He touches on the umportance of timing investments, the state of the Dollar, economic bubbles and a lot more based on his life experience. Everything can be debatable and open fo discussion but aren't particularly radical.

  • @issenvan1050
    @issenvan10502 ай бұрын

    So, gold & silver bottom before the other markets do?

  • @ProNetUSA

    @ProNetUSA

    2 ай бұрын

    Good question.

  • @bccoregon
    @bccoregon2 ай бұрын

    When did this interview take place?

  • @ednan9

    @ednan9

    Ай бұрын

    At noon

  • @billstenos1043
    @billstenos10432 ай бұрын

    jim rogers howv times have changed when mr rogers was the Chinese optimist

  • @hengbin2974
    @hengbin29742 ай бұрын

    Jim Rogers put his own $ into his investments, unlike GIC/TH. JR has been successful. In contrast SGP's govt has to make up its humongous losses by increasing GST & a host of other charges. PSA, a 100% TH sub tried to sell off its stake in PRC ports which PSA Int. bought in 2005/2006 amounting to US$5.5 BILLION, without success for several months recently. Speaks volumes about the incompetence of LHL/HC management of our reserves........meanwhile US & Japanese stock mkts hit record highs........BUT PRC;s indices suffered huge losses.

  • @jtrealfunny
    @jtrealfunny2 ай бұрын

    Is the current environment of 'easing while tightening' or fiscal stimulus with restrictive fed rates a new thing? It would seem to explain the above expectation growth numbers and delayed recession. Someone posited that it has been the illegal immigrants who are boosting our economy above expectations; I like that one. If the Fed and Treasury are in the process of inflating us out of our fiscal deficit, what would that look like in terms of magnitude, meaning how long and what levels of inflation would be necessary to accomplish this.

  • @ric6074
    @ric60742 ай бұрын

    Why you worry China, you should worry your own country instead, 34T debts, day in day out piling up with no signs of stagnation.

  • @jbrown6367

    @jbrown6367

    2 ай бұрын

    LGFVs are crumbling, Wumao.

  • @Sticks-of-TNT-tf1tn

    @Sticks-of-TNT-tf1tn

    2 ай бұрын

    He’s lived in Singapore for almost two decades. 🧨

  • @todd1547

    @todd1547

    2 ай бұрын

    We worry China because China fall apart. America have problems, but small compare to China for examper, there no baby in China.

  • @ric6074

    @ric6074

    2 ай бұрын

    Is better to save your own skin, rather then worrying about other people.

  • @davidc4408
    @davidc440827 күн бұрын

    How does he invest in these developing countries and how does he short them?

  • @issenvan1050
    @issenvan10502 ай бұрын

    How can Japan survive with this level of debt/gdp?

  • @Theactualclips

    @Theactualclips

    2 ай бұрын

    Because of the banks, I think? It runs differently from western nations. If any western nation had that level of debt, it would be worse off than Japan.

  • @issenvan1050

    @issenvan1050

    2 ай бұрын

    @@Theactualclips Can you explain a little?

  • @stevenoliver7120

    @stevenoliver7120

    2 ай бұрын

    I believe it's because almost all of the debt is owed to its own citizens and not to foreigners.

  • @issenvan1050

    @issenvan1050

    2 ай бұрын

    @@stevenoliver7120 How would that make a difference?

  • @stevenoliver7120

    @stevenoliver7120

    2 ай бұрын

    I can only presume it's a form of MMT which would present the nation's economy as a balance sheet with the private sector (the people) on one side, and the government (owned by the people) on the other side. Entire books have been written on this. I'm not really qualified to explain it.

  • @jacintochua6885
    @jacintochua68852 ай бұрын

    Could this be a hyoe to scare investors to leave so others can take over? It's been dine before.

  • @maxpervaiz568

    @maxpervaiz568

    2 ай бұрын

    Yes, since is likely shorting.

  • @michaelgreen398
    @michaelgreen3982 ай бұрын

    Dont worry about china they are doing fine

  • @DerDop

    @DerDop

    2 ай бұрын

    lol :))

  • @soha7271

    @soha7271

    2 ай бұрын

    Why so many people worry about China these days? The worst days were over and the property crisis is easing off now. Things start to resume and people at art spending money again since the beginning of 2024. Why I know cos I live here😅

  • @peanut0brain

    @peanut0brain

    2 ай бұрын

    ​@@DerDoplol what mf?

  • @user-ex9je5fm5e

    @user-ex9je5fm5e

    2 ай бұрын

    I am in China over 15 years.. Everything is fine here as you just mentioned.

  • @DerDop

    @DerDop

    2 ай бұрын

    @@user-ex9je5fm5e lol again :)))

  • @patay168
    @patay168Ай бұрын

    Downturn is not bad. Everything should slow down.

  • @lisizecha9759
    @lisizecha97592 ай бұрын

    @25:00 he dodges the AI question twice Think about it, he is not willing to discount the idea, that workers might be able to reduce their work week to three days due to productivity gains

  • @karlopeternel7685
    @karlopeternel7685Ай бұрын

    Just we should buy Cardano ADA or even better Midnight privacy thing once it comes out in the beginning of the next year, or even privacy COTI right now. Yes, privacy COTI now and Midnight in Q1 in 2025. Those are highly sure things.

  • @BugMateo
    @BugMateoАй бұрын

    If someone like Rogers, a Chinese economic apologist, is worried... things must be serious

  • @bradleyhalfacre7992
    @bradleyhalfacre79922 ай бұрын

    Rogers and co. always talk up their own book.

  • @tonysu8860
    @tonysu88602 ай бұрын

    Any idea excessive liquidity is driving rhe USA econimy rise is tupid and uninformed. The Fed announced over 6 minths ago it had sucked out all the liquidity unjected into the economy due to Pandemic aid. Current performance is entirely the strength of the US and not due to any manipulation or trickery. There is some concern about the debt payments that will become due related to the increase un the National Debt but for know is considered manageable as ling as the current demand for US sovereign debt remains high and hopefully interest rates will decreae soon. But conditions would have to radically change for the current US financial strategy to change significantly.

  • @jbrown6367
    @jbrown63672 ай бұрын

    These questions are terrible.

  • @Juoa794
    @Juoa7942 ай бұрын

    He’s definitely not excited at really answering questions in this interview…

  • @user-ij1lk9kd6z
    @user-ij1lk9kd6z2 ай бұрын

    Seems like the host has no idea how to ask great questions in front of one old legend of Wall Street.😅

  • @akcj875
    @akcj8752 ай бұрын

    Now the joker is crying for China..dissing growth in India and making ppl miss out on next growth engine

  • @jamesruscheinski8602
    @jamesruscheinski86022 ай бұрын

    divine central authority unity with substantive human rights choice for international law overcome political government separation from God

  • @WORLDPEACE2628
    @WORLDPEACE26282 ай бұрын

    Jim has been a doomsday preacher for the last 2 decades amd yet the U.S.A stock market kept going highet and mightier!

  • @johnnyq4260

    @johnnyq4260

    2 ай бұрын

    The stock market is not the real economy.

  • @maxpervaiz568

    @maxpervaiz568

    2 ай бұрын

    Yes, he is a permabear. He made his money via shorting. Looks like he lost some money in the past couple of years on shorting.

  • @MrCLAASS

    @MrCLAASS

    2 ай бұрын

    Contrarily, Rodgers is always right. He valuess things in gold, not US dollars...

  • @joelferguson8714

    @joelferguson8714

    2 ай бұрын

    That doesn't make him a liar. After all there's nothing about fiat being real. Just a casino with magic rules.

  • @lewsmall1306

    @lewsmall1306

    2 ай бұрын

    He will eventually be right someday

  • @paulstanak689
    @paulstanak6892 ай бұрын

    Home boy , you should worry about US economy first, China has been around for five thousand years !!!!! They will out do everybody.

  • @Theactualclips

    @Theactualclips

    2 ай бұрын

    He was talking about the US’s tech bubble. The video’s title was clickbait. About how the Tech market is a giant bubble.

  • @MrJamezy

    @MrJamezy

    2 ай бұрын

    Been around for 5,000 years yet doesn't have the gdp of the USA a country that is only 250 years old and has a population less than 1/3 of China. China is crashing its obvious.

  • @lisizecha9759

    @lisizecha9759

    2 ай бұрын

    China yes, but Chinese people have been eating dirt for large stretches. Now they can just take a plane to Mexico and cross the border

  • @nmatthew7469

    @nmatthew7469

    2 ай бұрын

    It's easy to succeed when you have the entire US manufacturing sector literally boxed up and shipped to China for free to employ their massive cheap labor force. Then, give them free shipping and tariff free open access to the US. Now that this gravy train has run dry, seems like they're trying to find people to sell stuff to.

  • @oldernu1250

    @oldernu1250

    Ай бұрын

    China has had many horrific cycles. Oh yeah, remember CCP has tried to destroy cultural past--remember the great leap forward? Civil wars? Invasions? Han genocide wars?

  • @user-my7wn6ps1y
    @user-my7wn6ps1y2 ай бұрын

    How do US people sleep?😢

  • @bccoregon
    @bccoregon2 ай бұрын

    Is this anew interview, or a recycled interview from long ago?

  • @fredfannin7603
    @fredfannin76032 ай бұрын

    Bad business plan to threaten your biggest trading partner.

  • @Theactualclips
    @Theactualclips2 ай бұрын

    That’s what I’ve been saying. The tech market is a bubble. For example, Apple makes around 90 billion every year (net). But it’s worth 2.67 trillion. Meaning it would take close to 30 years to actually make its valuation. But then we have Saudi aramco worth about 2.017 trillion, but makes over 350 billion every year. Meaning it would take around 5 years to make back the valuation. I personally feel like the tech market is hyped especially in the US, it makes too little for its valuation. It’s a bubble. (Although most people just take loans against their stocks. Which they have to pay back). My point is, it’s a bubble.

  • @SteveSentosa
    @SteveSentosa2 ай бұрын

    I've got out NOTHING from the vid.

  • @oldernu1250
    @oldernu1250Ай бұрын

    "Stocks don't go up forever"--pan to Opto looking like someone stole his binky.

  • @MH-lb4fo
    @MH-lb4fo2 ай бұрын

    China despair???? Isn't the whole world in despair? Why China? This kind of headline of China negativity doesn't work anymore.

  • @jbrown6367

    @jbrown6367

    2 ай бұрын

    But only China is in a deflationary spiral.

  • @lisizecha9759

    @lisizecha9759

    2 ай бұрын

    He mentions their reliance on real estate. What's your opinion?

  • @gregt5530
    @gregt5530Ай бұрын

    I remember he was the biggest china bull EVER. moved there, had his kids learn the language etc. I just he wasted decades on that disaster of a call, and the impact on his life surely negative.

  • @darinthesecularspiritualist
    @darinthesecularspiritualist2 ай бұрын

    Silver could go down? Please retire

  • @jshomer8773
    @jshomer87732 ай бұрын

    Jim, admit you're wrong about China and keep quiet from now on.

  • @telluwide5553

    @telluwide5553

    Ай бұрын

    Best comment so far.

  • @barryshaw5660
    @barryshaw56602 ай бұрын

    Hey jim say hello to your boss George Soros.

  • @amunra5330
    @amunra5330Ай бұрын

    Is this another China collapsing discussion 🙄

  • @joostonline5146
    @joostonline51462 ай бұрын

    Jim is getting old

  • @garryhuang6652
    @garryhuang66522 ай бұрын

    this guy is a forever China bull. Don't know how he can do that

  • @gusdeng6082

    @gusdeng6082

    2 ай бұрын

    Paid to tell untruths and half truths.

  • @brianliew5901

    @brianliew5901

    2 ай бұрын

    ​@@gusdeng6082 Uncle Sam paid him?

  • @milexiangyangli5666

    @milexiangyangli5666

    2 ай бұрын

    (He's) - A - (Multi - Billionaire) - 🎯🎯🎯🎯🎯 - (He's) - Been - (Successful) - ✅️ ✅️ ✅️ ✅️ ✅️ -

  • @fredfrond6148

    @fredfrond6148

    2 ай бұрын

    @@milexiangyangli5666does not need the money.

  • @milexiangyangli5666

    @milexiangyangli5666

    2 ай бұрын

    @@fredfrond6148 - (Bingo) - 🎯🎯🎯🎯🎯 - (The - Reason) - (He) - is - (Telling - It) - Like - (It - is) - ✋️✋️✋️✋️✋️ -

  • @popcorn6931
    @popcorn69312 ай бұрын

    Not much substance.

  • @wimvanaerde6249
    @wimvanaerde62492 ай бұрын

    What bullshit.....

  • @anthonyferris8912
    @anthonyferris8912Ай бұрын

    This is painful viewing.

  • @4eyefishball53
    @4eyefishball532 ай бұрын

    This guy doesn't provide any insight of the world's economy. Just rumor.

  • @borsennews9261
    @borsennews92612 ай бұрын

    Boring ... no real Information... nothing that we dont know

  • @babbarr77
    @babbarr77Ай бұрын

    Hey, you wanna worry? That should take up some of your meaningless lifetime.

  • @maxpervaiz568
    @maxpervaiz5682 ай бұрын

    Rogers looks grumpy here. Not sure why he is on this podcast. It appears he is no longer a China bull, and has shorted some stocks in both US and China. Uzbekistan is not for us mortals. I invest in China only if there are ADRs available. There is no such thing for us in Uzbekistan.

  • @akcj875

    @akcj875

    2 ай бұрын

    He knew that and sold his stocks...he was bullish a few months back only to sell his stocks

  • @charityboss953
    @charityboss9532 ай бұрын

    Rodgers is a dinasour and has no wisdom to share. What adore he has become.

  • @gmanhan8305
    @gmanhan83052 ай бұрын

    He was named a Chinese expert, obviously he doesn't know much.

  • @CO8848_2
    @CO8848_22 ай бұрын

    This guy told you to ditch thr US equity market and go all in on China about 20-30 years ago. Over that span, his recommendation under performed at about 1 to 10 ratio. So his "success" is really quite a stretch of the truth.

  • @sulavaca

    @sulavaca

    Ай бұрын

    Gold has done fantastically.

  • @CO8848_2

    @CO8848_2

    Ай бұрын

    @@sulavaca look at the 20 year history, not just last year

  • @Jiidwag
    @Jiidwag2 ай бұрын

    Japan = 80s 90d relic.