Strangewalk

Jim Rogers on China and Commodities

The case against China: No water (and what little there is polluted beyond imagination), most degraded environment on earth, highest cancer rate (from pollution), oldest population trending much older, not one tech or science advance of note in 2000 years, unelected, unaccountable, illegitimate government that does not tolerate dissent or criticism, institutionalized corruption (see transparancy international), unchecked AIDS epidemic, no rule of law, enforced atheist culture, GDP based mostly on export from foreign invested manufacturing, huge real estate bubble now imploding.

Case for China: bogus CCP statistics and very worried Jim Rogers talking up China while being billions long on Chinese equities down 70% for the year.