India is a Mess

“In 1980, India was much, much more successful than China. Since then, China’s run circles around them. Did you do it to India, did I do it to India? No. The Indians did it to themselves. [They’re] full of bureaucracy, full of crazy regulations and controls. Their currency’s not convertible — it’s a mess."

- Source Jim Rogers via Market Watch:

http://blogs.marketwatch.com/thetell/2013/09/24/jim-rogers-forget-india-try-myanmar-or-north-korea-for-next-em-bonanza/