Wednesday, September 25, 2013

India: Full Of Bureaucracy, Regulations & Controls

“In 1980, India was much, much more successful than China. Since then, China’s run circles around them. Did you do it to India, did I do it to India? No. The Indians did it to themselves. They’re full of bureaucracy, full of crazy regulations and controls. Their currency’s not convertible — it’s a mess.” - in CBS MarketWatch

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).

India has All Sorts Of Deficits There

“The debt-to-GDP now is up over 90 percent. Studies show that when you get that deeply in debt, it’s very difficult to move forward at a rapid rate. They’ve got balance-of-trade deficits - they’ve got all sorts of deficits there.” - in CBS Market Watch

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).

China has huge Pollution Problem

“Somebody’s going to make a lot of money cleaning it up, now the Chinese government and the Chinese citizens know that it’s terribly filthy. For the next 20 or 30 years, huge amounts of money are going to be spent, and therefore, profits made.” - in CBS Market Watch Blog

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).

Myanmar, North Korea & Angola are good Emerging Markets

“You should get on the next plane you can and head to Myanmar or North Korea — maybe Angola.” - in BBC Radio 4

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).


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