~ Jim Rogers, interview with Daniela Cambone, Stansberry Research, 17:00 mark, March 8, 2022
"The social system of private property and limited government is the only system that tends to debarbarize all those who have the innate capacity to acquire personal culture." ~Ludwig von Mises
Mar 13, 2022
Jim Rogers on Russian stocks
I am not sure why Putin is keeping this up... I'm not sure why Washington hasn't said, why Ukraine hasn't said, "Ok, we're not going to join NATO. We'll sign a treaty that we will not join NATO." What do we care if Ukraine is part of NATO or not? That would solve the problem and if that happens - no, of course for a while people are going to be angry at Russia, rightly or wrongly, it doesn't matter... - but that would mean that Russian stocks are very, very, very cheap. Eventually, I presume, that people would be drinking tea with the Russians again and drinking vodka and having a good time with the Russians again. I doubt if it [the war] will last forever. We had a horrible war with the Germans and the Japanese... Now they're our great friends. So times change. Peoples' attitudes change. And if you buy something cheap you usually - if you have staying power - usually make money.
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