Jim Rogers On Bloomberg November 4, 2009

Jim Rogers On Bloomberg November 4,2009

I don’t know whether Bloomberg is trying to start a Nouriel Roubini vs. Jim Rogers war, but I didn’t like the way Bloomberg’s host started this interview. Three questions on Roubini to kick things off. One thing that did become obvious to me is how wrong Mr. Roubini is if he in fact believes Emerging Markets are in a bubble due to the fact Emerging Markets they have risen a bit. I don’t know much about Roubini, but one thing I have noticed since he became “famous” he might be stepping out of his circle of competence. By that I mean he is an Economist trying to become a market commentator. Not working buddy.

Bubble Definition According to Dictionary.com

an inflated speculation, esp. if fraudulent:

A quick reminder to Mr. Roubini, the growth in some of these Emerging Markets are real. China is growing, Brazil is growing,etc.. They were more of a bubble back before the crash.

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