Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).
Saturday, December 22, 2012
India: The Indian Bureaucracy Is The Worst In The World
If you can only visit one country in your life, David, I would urge you to visit India – there's no country in the world like it, from a visitors' or tourists' point of view. But as far as doing business, first of all, I've travelled the world, as you probably know, and I've seen a lot of bureaucracies. Well, the Indian bureaucracy is the worst in the world. They learned bureaucracy from the English, and then took it to a higher plane, even. It's a nightmare to do business there. They don't like capitalists, they don't like entrepreneurs. - in Motley Fool
at 9:22 AM