29.04.2011 - The coming commodity price nightmare
The commodity price boom we've all been bellyaching about for the past six months started not in August, when the Fed chief first started talking about quantitative easing, but a full eight years earlier – when Bernanke was but a Fed governor and the housing bubble was a mere gleam in Alan Greenspan's eye. So says Jeremy Grantham, the value manager who helped found the Boston-based GMO asset management firm..............................................Full Article: Source
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