Strangewalk

Jim Rogers' Picks and Pans - Barron's Interview

It's scary to contemplate that China could actually become the dominant world power. Article after article and book after book that I've read by insiders and experts consistently ring alarm bells, based on factual documentation, as to the pervasive government and business corruption, the absolutely god-awful environmental degradation (which is getting worse), the police state control and authoritarianism (fascism?), not to mention the opaque (is it crony capitalism or just corrupt communism?) economic system. The most basic service any government can provide to people is to ensure the safety of drinking water, and in China water from any faucet in any city or town will kill you! (even bottled water is suspect owning to the overwhelming degree of counterfeiting). The police here are all on the take, they're some of the worst gangsters, and ultra-nationalism is shoved down everyone's throat from all directions. I live here so I know somewhat of what I say. I've seen Rogers interviewed stating that China "is the best governed country in the world" (I'm glad he's an economist and not a politician)...By the way, isn't this something like what Lindbergh said at one time about Hitler's Nazi Germany?