Indian market will pay for West's greed, warns commodity ace Jim Rogers
All markets are up because the central banks are printing more and more money, so it is astonishing for me to see this keep on happening. The Europeans, the Japanese keep on pumping more money. Even the us money supply is going up. Interest rates have been going up or down, but all the central banks continue to pump money into the system.
The markets went down, not by very much and all the central banks printed money again. I said to you before too, what happens is that markets go down a good deal, and then the central banks panic and print more money. I mean this is absurd what is happening to the world . We are going to pay a horrible price someday including India.
