All Fiat Currencies Eventually Lose Value

For those of you that don`t know, fiat currencies are basically paper money not backed by anything. That includes all currencies in the world, as we speak. History shows that all fiat currencies, all paper money eventually goes to the value, which is nothing, the value of the paper. And so, there there is no paper money, there is no fiat currency which has lasted very long, in the sense of history, more than 200, 300 years has been the longest lasting.

India Is A Nightmare For Business

As far as doing business, India is a nightmare. I have been around the world a couple of times and I will tell you, the most horrendous bureaucracy in the world is in India. I mean, the Indians learned bureaucracy from the English and than took it to a higher place still.

Related Exchange Traded Funds: WisdomTree India Earnings Fund ETF (EPI), iShares MSCI Emerging Markets Index ETF (EEM)