Aug 21

VANCOUVER, B.C. – The U.S. financial crisis has cut so deep – and the government has taken on so much debt in misguided attempts to bail out such companies as Fannie Mae (FNM) and Freddie Mac (FRE) – that even larger financial shocks are still to come, global investing guru Jim Rogers said in an exclusive interview with Money Morning.

Indeed, the U.S. financial debacle is now so ingrained – and a so-called “Super Crash” so likely – that most Americans alive today won’t be around by the time the last of this credit-market mess is finally cleared away – if it ever is, Rogers said.

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Apr 15

“The only thing that worries me permanently about the China story is water.

I’ve been around the world twice. I’ve seen many cities, societies, [and] nations that disappeared because the water disappeared. China has a huge water problem. In Northern China, they’re running out of water. They know this and they’re working on it, big time. But if they don’t solve it, or if they don’t solve it in time, then China – as you put it – has failed.

By the way, Northern India has the same problem, only worse. Many places have it now. Water is becoming a huge problem worldwide. The same is true in the Southwestern United States. You know, you may have Arizona going to war with California. Some sections of Nevada, Colorado …they’re desperate there.

So it’s not just China – but water’s the main thing that worries me about China.”

(As I said: In ten years the glaciers in the Himalaya region will be gone and 50% of the worlds population will have not enough or no water at all. The governments know this and they won’t sit & wait and do nothing about it. There will be World Water Wars.
And if China where to lose a million soldiers in a war so what. To them their soldiers have the same worth than to the US their soldiers in Iraq: They are considered as canon fodder.
If you think that this is wrong than I recommend the movie “NO End In Sight” (2007) as a first eye-opener.
Please read the whole article. – The Infinite Unknown)
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