Sunday, 28 February 2010
Jim Rogers says high spending to haunt Indian economy
Posted on 20:51 by Unknown
To quote Rogers, "India has nothing to show except a bunch of rich politicians". I am expecting sharp deceleration in the growth numbers coming out of India as the stimulus is rolled back. The stock market is headed to the previous lows and 12500 doesn't seem too far. Here is the link to the video. Be afraid, be very afraid.
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