Jim Rogers outlook for the BRIC Nations

Jim Rogers : no, no. I am short India, I am short Russia and places like that, but not -- Brazil is a huge natural resource-based economy. when there is a commodity bull market they do well. unfortunately I am not long Brazil. I have no positions. the unfortunate thing is the new government is starting to do some foolish things which i think will not make them participate as much as they could have otherwise. - in CNBC