To the reader who wrote “Jim Rogers abandoned the country of his birth.”

Neither you nor Jim had any say whatsoever in where you were born. Tying an individual to some arbitrary geopolitcal location due to the actions of others (in this case, his, your and my parents) is more small minded than you may realize.

He, like Mark Twain and Pierre Trudeau (former Prime Minister of Canada), is merely behaving as a “citizen of the world”.

Our relationships and interdependencies with other countries are far more complex than hypothetical national boundaries.

Do you not own foreign stocks (and don’t forget multinationals), travel outside the country of your birth or buy products produced in distant lands?

If the answer is you don’t, your opinion doesn’t reflect a global world view.

So this morning, Lehman played its last card. After 158 years in business, Lehman has filed for bankruptcy. We pity the judge who gets this one… Lehman has over $613 billion in debt. Anyone still holding Lehman shares today is wiped out….