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Capitalism is so far the best Economic system that has been developed
Jim Rogers : Capitalism is so far the best economic system that has been developed , it has many many flaws there is no question about that , but everything else is even worse even else that mankind has ever tried , the problem Peter in the last few years is not so much capitalism at least in the west , in the west government has gotten in the way and government refuses to let people go bankrupt …we certainly don’t have capitalism , we have government meddling now capitalism without bankruptcy is like Christianity without hell , they got to let people go bankrupt , and the government keep bailing out his friends ….. – in The APEC Russia 2012 CEO Summit
Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).
2012-09-16 02:21:06
Source: http://jimrogers-blog.blogspot.com/2012/09/capitalism-is-so-far-best-economic.html
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