Saturday, February 7, 2009

Jim Rogers: China’s Economic Advance is All But Unstoppable

Jim Rogers: China’s Economic Advance is All But Unstoppable: "The only thing that worries me permanently about the China story is water.

I’ve been around the world twice. I’ve seen many cities, societies, [and] nations that disappeared because the water disappeared. China has a huge water problem. In Northern China, they’re running out of water. They know this and they’re working on it, big time. But if they don’t solve it, or if they don’t solve it in time, then China - as you put it - has failed.

By the way, Northern India has the same problem, only worse. Many places have it now. Water is becoming a huge problem worldwide. T"

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