, Jim Rogers Blog: US Is Pushing China, Iran, Russia Together

Monday, June 25, 2018

US Is Pushing China, Iran, Russia Together

Last week's St. Petersburg International Economic Forum (SPIEF), held annually in Russia's second largest city, saw a record number of 550 agreements signed worth more than $38 billion, according to a Russian presidential adviser.

Sputnik spoke to veteran US investor and financial commentator Jim Rogers who was at the forum.

Sputnik: We're seeing new developments with US-North Korea relations, we see announcements from politicians, for you as a businessman, what kind of impact does it have? In one of your interviews you've mentioned that you want to do business with North Korea, just how possible is that?

Jim Rogers: I'd like to invest in North Korea but it's impossible for Americans or virtually impossible for Americans, this just means great opportunities are being seized by Russians, Chinese and other people who can do business in North Korea.

Sputnik: What kind of business is it?

Jim Rogers: Everything you can imagine. They need tablecloths, soap, electricity, they need everything, anything you can do you can make a fortune in North Korea.

Sputnik: There's a big US delegation at the St. Petersburg Economic Forum and the organizers are telling us that, unlike previous US administrations, this time US officials are actually encouraging US CEOs to take part in the event. Does that mean that we're going to see some changes in US-Russia relations, both business and political?

Jim Rogers: I hope so, I hope in every way relations get better with Russia and the US. This is madness, a madness that Russia and the US aren't friends, they should be, and should be working together.

Sputnik: What are the key global trends that we see in the markets right now? What are the big things to look out for?

Jim Rogers: Well, unfortunately, I'm an American citizen and I see that America is pushing China and Russia together, America's pushing China and Iran together, pushing China, Iran, Russia altogether and that's pushing America out of some very major countries in the world. I don't particularly like that because I'm an American and I want to travel, and invest, and play everywhere, and it is getting more and more difficult for Americans.

- Source, Sputnik News