For Turkey, Indonesia, India, Brazil - this is not Over Yet

For Turkey, Indonesia, India, Brazil - this is not over yet - "they have serious problems and are not being resolved."

The major problem is the Federal Reserve: with interest rates at such low levels, people can borrow lots of money - and America is printing a lot of money so there's plenty to go around

A lot of countries have borrowed money at cheap rates which covers up their problems... they haven't addressed their real problems; and so now, we have a huge problem facing us and it's going to get worse.

This is not over yet - you should be worried, be careful, and be prepared

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%.

Indonesia, India, and Turkey are all suffering huge Balance of Trade Deficits

 Jim Rogers : "Look at Indonesia, look at India, look at Turkey. They have got these huge balance of trade deficits which were easy to finance with low interest rates but now they are all suffering."- in BusinessInsider


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 short on Emerging Markets like India and Indonesia

Jim Rogers : "I am short on EMs like India and Indonesia,"

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: Much of the world is going to have serious problems. India, Indonesia, Turkey

ET Now: You have said you are negative India because of a host of reasons. We have corrected a bit today. How much further do you think the Indian equity markets can slide down?

Jim Rogers: I am not very good at market timing or short term trading. I expect India to have serious problems. Much of the world is going to have serious problems. India, Indonesia, Turkey - you are not the only one. I am not picking on you, but your politicians and other politicians have made terrible mistakes and now we are going to have to pay the price.  - in ET Now


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%.

China & U.S. Both Court Indonesia

Indonesia is ripe for economic backing, but will it be by China or the U.S.? Tai Hui, regional head of economic research, SE Asia at Standard Chartered Bank discusses his views on Indonesia's future with CNBC's Martin Soong & Sri Jegarajah.

Indonesia Economy Threatened by Free Trade Agreement with China

A free trade deal between China and the Association of Southeast Nations (Asean) comes into affect this year.

The government Indonesia, which is part of Asean, says removing barriers and ensuring easy cross border trade will help grow the domestic economy.

But many workers are worried they will not be able to compete against a flood of Chinese products and Indonesian farmers, especially, worry that they will soon be out of jobs as consumers choose cheaper Chinese produce.

Thousands of workers have taken to the streets calling for parts of the trade pact to be delayed.

Al Jazeera's Step Vaessen reports from Cipanas in West Java. (03 Jan, 2010)