Jim Rogers on Chinese government and world debt levels.

“When it pops, when this artificial sea of liquidity dries up, it’s not going to be fun,” he told Reuters TV. “But I don’t see any reason why it will stop anytime soon.” In suggesting where an investor could put money in stocks this year, Rogers noted the Japanese stock market is still 70 percent off of its all-time high (while the U.S. is currently hovering around an all-time high), and that a new law in Japan makes it tax-free to invest in stocks. “I’ve been investing a long time, and every time a country does that, people invest,” Rogers said.