Jim Rogers : "..Dylon the same thing happened in Scandinavia I the early nineties everybody went bankrupt they had a horrible time but they wrote everything off they started over and Scandinavia boomed for the past fifteen or twenty years this solution work fine in the US and in Europe is never going to work it never has " in The Ratigan Show June.16, 2011
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
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