Jim Rogers : The governments gotten worse; India gotten worse; the debts gotten worse; inflations gotten worse; the economy’s gotten worse… everything’s gotten worse.

The Government’s Gotten Worse

Jim, one of the world’s renowned investors and a best-selling author, is known for his far-sightedness and contrarian calls.

In this interview he shared why he is “short India” and why India may be a good tourist destination but it’s still not investment worthy on a global platform.

Looking back at the last five years of Indian Economy, Jim said, “The government’s gotten worse; India’s gotten worse; the debt’s gotten worse; inflations gotten worse; the economy’s gotten worse… everything’s gotten worse.”

When Rahul Goel, CEO of Equitymaster, questioned him about his views on the global economy, Jim shared, “We’ve had every major central bank printing huge amounts of money. So, the world is floating on a very artificial lake”.

He further went on to warn the investors across the globe that “The next economic slowdown will be worse than 2008-09” and why investors should not listen to other people and invest only in what they know about.

Taking a strike on the Indian political instability, he said,”(Since 1980) …politicians made more and more mistakes in India. I don’t see that changing anytime soon.”

The interview also covers his views on gold, US stocks, crude oil, amongst many more.

Equitymaster has released the complete interview on their website and it can be accessed on: in http://www.equitymaster.com/websummit.

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : An Economic Slowdown is like a Forest Fire

 Jim Rogers : "An economic slowdown is like a forest fire (that gets rid of the underbrush) in a forest. It's terrible at first, but then it cleans out the excesses of the current system, and everyone will be better off when the economy starts over from a sound base." - in China Daily



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : The world is floating on a very large artificial lake

 Jim Rogers : You have every major central bank printing money. The world is floating on a very large artificial lake. You cannot have an efficient and strong economy with artificial money printing. The next economic slowdown will be worse than 2008-2009.

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.