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Jim Rogers said at a press conference Tuesday, "Historically, there was no winner in the trade war. " [연합뉴스]
"The worst situation in the 70-80 years is coming, not the worst crisis I've ever known before."
Jim Rogers, global investment expert, warned of the economic crisis. A primer is a global debt. Rogers, who visited Korea at the invitation of Samsung Securities, said at a press conference held in Conrad Seoul, Rogers said: "Currently, many countries are slowing down and debt is rising," did he declare. "We all said that a tightening was necessary, but no country has actually tightened." "The US Fed has also seen its debt increase by 500% over the next 10 years," he said, adding that "we expect a rise in interest rates and many countries, including the United States. United".
Rogers said, "Even in 2008, when the global financial crisis occurred, China had a lot of reserves and the funds were released." China has quickly recovered the global economy, I have a debt. "
The crisis that warns Rogers also can not avoid the Korean economy." Rogers said: "In the next few years, the global economy will suffer, but in the case of Korea, the North Korea's economy will be less influenced by the openness and development of the North Korean economy. "He said. "It's easy to understand," he said, "we can think about what happened as China changes and opens up." Korea will be the most attractive for investors for the next 10 to 20 years. "
Rogers asked if there would be an" badet leak "in the upcoming debt crisis." I do not think the US dollar is a safe badet, "he said," but I think the agriculture sector and the industry of environmental pollution in China are promising. " He said, "You should not invest in countries and regions you do not know."
US President Donald Trump has made a critical position on the trade war he's been making. "I do not think there is a winner in the trade war when we look back at history," he said, "I do not think he knows the story well. or think that history can do better than history. "" After the war, the global stock market will head to the bear market and the economy It will become difficult. "If the economic situation worsens, President Trump will think that more trade war is the solution," he said.
Rogers was the founder of the legendary Quantum Fund of Hedge Funds with George Soros in 1973. Quantum Funds has had a return on investment of 4200% over the next ten years, and both emerge as global business professionals. 39; investment. Rogers is currently president of Rogers Holdings, an investment advisor named after him.
Journalist Jae Hyun Sook [email protected]
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