Former Reserve Bank of India head Rajan speaking in HK 17 Jan

  • any US border taxes will have dramatic global impact
  • recovery from recession picking up around the world
  • fear, anger very real in industrialized nations
  • geo-political friction in many areas, something has to give
  • my worry is that we've got used to liquidity for ever
  • no reason why India won't become a growth engine in the future

Rajan was RBI gov between Sept 2013-2016 and now a professor at University of Chicago