CNBC's Jim Rogers Wants Americans to Invest in Communism

This is one of the guys who is yelling 'The roof is caving in!!' while he is in the background bashing the walls down with a wrecking ball.

Of course he want's to scare Americans into investing in China- that makes his Chinese stocks go up and makes his fat, good-for-nothing ass even fatter.

Every penny of investment made in China by Americans puts us deeper in the hole, robs us of jobs, destroys our infrastructure and and small business investment base and wipes out what is left of our manufacturing.

Rogers said he is "not long anything in the U.S." and short on American tech stocks. He owns Chinese stocks as well as commodities and would love the world price of silver and gold to come down so he could "pick up the phone and buy more." He said he owns Chinese stocks, currencies and commodities, adding the Chinese yuan will be a safer currency than the dollar. www.cnbc.com...

So he is short on American Tech stocks- that means he is betting on their demise. The more people bet on the death of a company on the Stock Market- the more likely it will die. He is pumping money into the Chinese manufacturing sector (and by default- their weapons sector).

This reminds me of the American investors who dumped money in German investments in the 1930's and built up their war machine.

Just one more way that Wall Street is bad for America and one more example of a totally worthless, non-productive, non-creative, idiotic Wall Street 'player' who does nothing more strenuous than pick up the phone every day - and does more damage to the common man than can be imagined.

yep, global fundamentals for the US are tanking and the currency pair that predicts movements in the dow is still in a downtrend
a downtrend from three years ago!

My own personal opinion is that China is a giant bubble just waiting to pop. I wouldnt invest my own money in China. I would strongly urge people to do alot of investigating before they put there hard earned money into China.

reply to post by Stratus9


I agree with the title of the actual article, US Is Nearing Even Worse Financial Crisis: Jim Rogers, more than I agree with yours. Yours should be more accurately titled CNBC's Jim Rogers wants Americans to Invest in Communist China.

Um.. Ok

Yes the gist of his message was - there is nothing anyone can do- the sky is falling on America INVEST NOW IN CHINA LIKE ME!

I say- wrong answer dude.

I didn't know Jim Rogers was part of CNBC, but his interest in China is not a secret, he's been talking about China being the next innovator since 2008, I think he also wrote a book on how he is investing in China.

Whether you like him or not, he was one of the lone voices who came out and said what a horrible idea it was to create endless stimulus for the economy in 2008. That is enough for me to respect him.

As for China, he is a business man so he's obviously not going to invest in a dying economy. He did say to buy farm equipment and gold, so his investing ideas are not exactly off base.

Just because Jim Rogers invests in China doesn't mean you have to, now compare to the EPA giving a million dollars to China, now that is the kind of communist investment you can't get around since it is tax dollars. How is Jim Rogers forcing you to invest in China? At least he gives you the choice unlike Obama.

You might as well add a subtitle to your thread: "Obama also wants to invest in communism."

CNBC is obvious! A NWO