Jim Rogers latest comments on Obama aren’t very good. The current president ran on two main platforms. This genius says that he is going to tax capital. He also says that he is going to protect America from the rest of the world. Both of these policies are going to be huge mistakes.
America is making it very difficult to come here as a tourist. Banks around the world won’t take Americans as clients because they are so difficult to do business with. Saudia Arabia won’t let people use the Internet unless they approve it. The world is opening up, but a lot of mistakes will be made along the way, and governments will put up a lot of resistance.
A few more of Jim Rogers latest comments are that right now, America is the largest debtor nation the world has ever seen. 30 years ago, America was a creditor nation. There was massive immigration into the United States because this is where the opportunity was. Now, they are going to be going elsewhere.
Everybody needs outside ideas and outside capital. People have tried to close foreigners out, but it usually ends in bankruptcy and other problems. North Korea and Cuba have done that, and it doesn’t work.
Singapore is a great place to move to. If you are smart or have capital, then they want you. You can get along fine speaking English. Stay tuned for more of Jim Rogers latest comments.
