India is Bad for Business

Have you ever been to India? If you can only visit one country you should go there. It is the most exceptional country in the world from a tourist point of view. But from the point of view of doing business, it’s the worst bureaucracy in the world, and the infrastructure’s a nightmare. It’s a very extraordinary place to visit – the languages; the man-made and natural marvels; the food; the religions; the languages. It’s extraordinary, but not as a place to do business unless you are in with the right people. If you are in with the government – the right part of the government – yeah, you’ll make a lot of money. But otherwise be very careful.

- Jim Rogers via Gold Money:

http://www.goldmoney.com/en-gb/news-and-analysis/news-and-analysis-archive/jim-rogers-nobody-gets-out-of-this-situation-until-theres-a-crisis.aspx