New China Trader

Jim Rogers: "Nowhere does it say you're supposed to bail out investment banks"

By Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report A year ago, a share of The Bear Stearns Cos. Inc. (BSC) would have cost you $150. Yesterday, the shares closed at Continue Reading

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From New China Trader:

 The Financial Bonanza That’s Just About to Hit

Two years ago I stopped in the lounge at the Four Seasons in Shanghai having a drink after a long day of meetings. Sitting next to me at the bar was the CEO of a Silicon Valley company that had just outsourced its entire manufacturing operations to China.

As we watched the hustling crowd going by on the sidewalk outside, he asked me if I had ever seen anything like the energy in this city.

“Never,” I told him.

“My kids are never gonna know what hit ‘em,” he said. “And my grandkids,” he added, shaking his head, “are toast.”

Some people resent this. I’m not one of them. The world is what it is and you can either participate in it and profit from it or sit back and complain.

The U.S. economy will eventually be eclipsed by China’s. You and I can’t change that. So my goal is to make as much money off it as possible. And to help you do the same.