Term 3 Week 4 Blogging Assignment

Jim Rogers is trying to point out that with the world’s rapidly evolving economy, we need to have a global perspective and adapt to these changes. As China is now prospering and is a superpower, we need to pick up Chinese and immerse ourselves in the Chinese culture in order to keep up with the economy. With fluent Chinese, we would be able to communicate effectively with China and keep up with the global market. I agree with Jim Rogers as we need to have a global perspective. It is just plain foolish to think that a country would forever be the world’s leading market. I feel that we have to constantly adapt to these changes in order to survive in this world. As Jim Rogers said “The money is in the East, and the debtors are in the West.” Thus I feel that we need to go with the flow of the economy. Luckily, Singapore promotes bilingualism, which most of us learn English and Chinese. This would greatly benefit us in the future as China would become the biggest market in the world. Jim Rogers solution to America’s decline is to immerse himself in the countries and cultures that are ascending.