Wednesday, November 2, 2016

Bullish on agriculture globally

There is nothing wrong with debt if you manage it properly. If you borrowed the money for productive reasons to build factories, improve efficiency, earn sales, make profits and pay off the debts, it's great. But if you didn't or make mistakes, such as to seek too much expansion, you will suffer.

I am bullish on agriculture everywhere, especially in China, as it has been depressed for 30 years globally.