You don't have to be psychic to see the future. Jim Rogers, co-founder of one of the first international investment firms Quantum Fund with George Soros, tells you what to expect next. In fact, he's been making eerily accurate calls on world-changing economic trends for the past two decades; see his earlier autobiographies: Hot Commodities, Adventure Capitalist and Investment Biker. In his most recent book, Street Smarts: Adventures On The Road And In The Markets, he continues to demonstrate how world markets are changing.
Referencing all the cross-continental travel he has done, Rogers details how his mental framework has evolved from his humble beginnings in Demopolis, Alabama, to his stint at Yale and the years he spent working on Wall Street. He explains why the US and European Union are trapped in a downward spiral, why Asia will be the dominant economic force of the future, and how he moved his entire family to Singapore so that they could prepare themselves for the dawn of that new era.
Rogers sets the tone early on in his narrative, stating: "If you were smart at the start of the 19th century, you made your way to London. If you were smart at the start of the 20th century, you moved to New York. And if you are smart at the start of the 21st century, you will find your way to Asia." He backs this claim up with a valid exposition of how Asia, where the world's largest creditor nations are, is grooming itself to take over. Rogers sells readers on Asians' famed emphasis on education as one reason why our human capital will step up further.
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