Jim Rogers : If China Doesnt Solve Its Water Problems, There’s No China Story

Jim Rogers : " I don’t mind if China has civil war, epidemics, panics, depressions, all of that. You can recover from that. The only thing you cannot recover from is water … China has a horrible water problem in the north. India has a worse water problem, there’s no question about that; America, in some places, has water problems. If China doesn’t solve its water problems then there’s no China story … I’ve been around the world a couple of times, I’ve seen whole societies, cities, countries that disappeared when the water disappeared.
They’re spending hundreds of billions of dollars … they’re spending staggering amounts of money trying to solve their water problem. I am presuming that they will. Now, maybe they won’t, and if they won’t, in twenty or thirty or forty years, the whole story’s over.
" in BBC HardTalk



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%.