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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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Jan 13 4:00 PM EST

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To: TobagoJack who wrote (74927)	6/8/2011 12:40:06 AM
From: 2MAR$	Read Replies (2) of 219319

A little Guru Focus with Jim Rogers june 2 gurufocus.com Jim Rogers discusses agriculture, problems and optimism in China, and commodities in an interview on BBC's HardTalk. Hightlights from the interview: •"There's going to be huge downsides, there's serious problems. Where am I gonna put [my money]? US? the UK? They're bankrupt. Why would I take my money out of a place that is having a dip and put it into a bankrupt country? And by the way, I can always sell things short." •"I've shorted technology stocks in the US." •"To me there is no question that there is an property bubble in urban coastal real estate in China, but that's not China, that's not the whole economy." •"The only thing you can not recover from is water... China has a horrible water problem in the north. India has the worst 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." •"Farming has been a disaster, and unless something happens very quickly, we're going to have no food in a number of years."

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