“It’d be better off if they just met in a bar, had a few beers and went home.”
"Chinese have been working dawn to dusk for 20 years, and saving over 35% of their income. Any time you have a country that works hard, saves and invests, it will do better than a country which consumes, borrows, and spends." Well, doh. Plain simple hard economic facts. Work hard, save money, don't live beyond your means. Basic financial truths that ought to be bedrock principles of planning, from the family on up. How is it that folks come to believe that governments are somehow exempt?
Jim Rogers: G20 Is a Waste of Time