Friday, July 26, 2013

Roubini : The Commodity super-cycle may be over

....., The commodity super-cycle that helped Brazil, Russia, South Africa, and many other commodity-exporting emerging markets may be over. Indeed, a boom would be difficult to sustain, given China's slowdown, higher investment in energy-saving technologies, less emphasis on capital- and resource-oriented growth models around the world, and the delayed increase in supply that high prices induced. - excerpt from a Nouriel Roubini article in the Guardian
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