India will muddle along until the debt crisis hits

Jim Rogers, the successful speculator, is not encouraged by the budget and says that India is sitting on a fiscal time bomb.

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    Shadi Katyal

    1 decade ago

    India has been muddling along and that is why it will never achieve her capability.
    we have closed minds and think world is made of fools but we know the best.
    Wake up and look at the inflation due to deficit financing by center and states.
    Why is investment not flowing in as it did in China because we do muddle along.
    I agree with Mr. rogers that unless we completely liberlise and let foreign investment flow we will never achieve optimum.
    Social problems and poverty can be solved with industrialization of the nation and not by Reservations and
    quota system.
    How long people can suffer with high inflation of 15-17%.Donot get smug by fooling people with this budget. Think positively and move.

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