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Jim Rogers: The IMF was wrong for 60 years. Romania should have managed without help
Posted on September 17th, 2009
Jim Rogers: The IMF was wrong for 60 years. Romania should have managed without help
Romania should have tried to manage without the help of the International Monetary Fund (IMF), said Jim Rogers, Chief Executive Officer of Roger Holdings, former business partner of George Soros, in an interview for The Money Channel. He warns that the banking system in Central and Eastern Europe is still in danger, due to foreign currency-denominated loans and the governments in this region will not be able to save all the lenders that are facing problems.
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Jim Rogers: The IMF was wrong for 60 years. Romania should have managed without help
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