From Sovereign Man:

... The agrarian lands in northern and western China are engulfed in a dust bowl that dwarfs the 1930s dust bowl in the United States… Compounding the problem is the country's growing water crisis.

It's been no secret that the Chinese have been scooping up cheap resource-rich property and assets across Africa's corrupt nations. On a risk-adjusted basis, however, Latin America is a much better investment... And the number of boots on the ground here shows they're starting to realize that.

Comparatively speaking, Latin America lacks the political risk of Africa. Sure, there are a few left-leaning big mouths down here… but this is a negligible risk for people coming from Beijing. And in terms of price, Latin American property is some of the cheapest in the world.

I've written before about property that sells for as little as $25 per acre. Certainly, the titles aren't as crystal clear as what westerners are used to in North America and Europe, where records can date back to the 1600s. But for Chinese investors who are used to dealing with gun-toting 13-year olds in Africa, such deals are a sound investment...

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