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Very difficult to invest in India; govt needs to get out of the way: Jim Rogers

Interview with Chairman of Rogers Holdings

Jim Rogers
Jim Rogers

Equity markets regained some of the lost ground in March. Jim Rogers, chairman of Rogers Holdings and author of Street Smarts: Adventures on the Road and in the Markets, tells Puneet Wadhwa he expects problems in global financial markets in the next few years. “The Indian government doesn’t understand economics and should leave the economy and markets alone,” he says. Edited excerpts: Global markets have seen a good run over the past few weeks. Is this sustainable? No, I don’t think so. Central banks have again loosened their purses and put in more money. All ...