"America is more communist than China is right now. You can see that
this is welfare of the rich, it is socialism for the rich… it’s just
bailing out financial institutions," Rogers said.


See also:  Welcome to the U.S.S.R. (United States Socialist Republic)  Citigroup  (PDF)

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Category: Bailouts, Credit, Video

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

One Response to “Jim Rogers: “American Socialism for the Rich””

  1. airtommy says:

    “Yeah, he’s smart but he’s been telling everyone who can listen to buy Chinese stocks and they are down 50% this year.

    No one ever calls him out on this though.”

    I’m calling you out on this libel. Jim has been saying all year that Chinese stocks are overpriced and he’s waiting to buy.