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elena_murooni

10/24/08 12:36 PM

#42360 RE: elena_murooni #42359

Actually, that wasn't fair. Rogers made a killing shorting the market. Where he may have gone wrong was to pull down the shade on America.

He moved his family overseas, is deeply invested in Asian business, has taught his child Chinese (fluently), and recommended that all Americans learn Chinese as a second language. This advice is not really bad because China is such a profound manufacturing base. But, in a recession for the manufacturing base, I don't think I would want to live among billions (not millions) of disgruntled folks. That could get scarey to say the least. I actually think it would be safer to live here.



dexprs

10/24/08 2:24 PM

#42373 RE: elena_murooni #42359

But, you know, I have not met anyone who called each decline or major rally correctly. Elaine Garzarelli was right about 1987, so were a few others, but have you heard from them lately?