The Collapse of China

Few seem to understand the historical significance of what is happening there. E.g. Gordon Chang has been writing books and articles since 2001 predicting the collapse of China and the disappearance of the Communist Party. Jim Chanos has been predicting the collapse of China since 2009 saying it will be “1000 times worse than Dubai”. [Jim Rogers explained at the time that showed no understanding of Dubai or of China.] Many in China do not fully understand either.

As the US was rising to its power and glory during the 19th Century, we had a horrible civil war, 15 depressions, few human rights, little rule of law, periodic massacres in the streets, etc., etc. yet we still became the most successful country in the 20th Century.

China will have plenty of setbacks along the way as does every country, company, family, and individual that rises.

The Chinese government is trying to cool real estate so Jim Rogers would avoid Chinese Real Estate.

- Jim Rogers