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An Unofficial Tracking Blog of World Famous Financial Gurus.

This blog tracks famous financial gurus' market commentary, investment ideas, video interviews and media appearances.

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Friday 15 November 2013

Jim Rogers :Vulnerable Countries Indonesia, Turkey & India

The ones that are most vulnerable are the ones that have to borrow money in order to finance their balance of trade deficits. Indonesia is an example which comes to mind here in Asia. India has got the same problem, Turkey has the problem. Anyone who is using borrowed money to finance trade deficits are the ones that are going to get hit first.





Source : http://silveristhenew.com/2013/11/14/vulnerable-countries-indonesia-turkey-india/