Jim Rogers Bullish on Water - China, India, America all have water problems

What is your outlook on global interest rates? In which direction are they likely to move?
The interest rates are going higher in most countries. Countries like Turkey, Indonesia and India had advantage of low interest rates. But these countries are going to suffer because the interest rates are going to be higher and there won't be any cheap money. Then China is also cooling off, there are many things happening around the world. The underlying situation is getting worse with interest rates going higher and printing of money.
Which are the sectors you have considered to place your bets in 2014?
I am bullish on agriculture, I am bullish on airlines. The Chinese government had said in late November that they are going to spend big money over the next 10-20 years in railroads and pollution control measures. Apart from China, there are many other countries that will spend in these sectors. Water is another sector where I am bullish. China, India, America all have water problems. - in ET Now






Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.