How do you expect China to fare, with low consumption coming from the US and impending commodities inflation?
Jim Rogers : "Asia is better situated than Western countries, because all the big reserves are in Asia. Hong Kong, Japan, South Korea, China, all have some of the biggest reserves in the world. The US is the world’s biggest economy, and so of course they’re all going to be affected by the problems facing the largest consumer, but if you’re involved in the water business in Asia, people involved in agriculture, power generation, they’re all going to do fine.
The world has various and sundry problems, people who deal with these problems are going to make more money. [But] there will be no great boom for people who sell to America. I think there are a lot of opportunities out there for people in water. If China doesn’t deal with their water problems there won’t be anymore Chinese economic miracle."
Jim Rogers on China International Business Magazine
Jim Rogers president of Rogers Holdings is George Soros former partner and co-founder of the Quantum Fund, and a truly legendary international investor who helped generate a 4,200% total return over a 10-year period .Jim Rogers is always bullish on Asia Commodities Agricultural Products gold and silver
