Jim Rogers : UK will lose AAA credit rating, not buying Indian Equity

Do you think that the UK is going to lose its AAA credit rating this year?

Of course. How can they maintain the credit rating other than fixing the books, or something. The UK has staggering amounts of debt that it has taken on in the past few years.

What is your view on Indian equities? Do you still like Sri Lanka and China better?

I am not buying either China or Sri Lanka at the moment. I am not buying equities anywhere at the moment because there had been such big run ups and cheers all over the world that I am just sitting and watching. 

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