Biggest problem for China is Water

Jim Rogers on Russia and its ambitions

Putin or something in the Kremlin has realized that just putting someone in jail, or executing them or taking someones assets is not a good way to develop your reputation in the long run.

Something just happened to the people of Kremlin. They want to attract outside money and expertise and keep it. Putin talks about making Moscow Stock exchange and Moscow, one of the financial centers of the world. Its pretty astonishing to me, the home of Lenin, the home of Stalin, become an international center. They are spending a lot of time, money and energy to make it happen.

Respect China as it will be the next greatest country in the world

China will be the next great country in the world whether you have a bad year or two, a quarter, it doesn't matter.