06.06.2012 - End of the commodity boom is no disaster
The recent hype surrounding commodity economies from Australia to Brazil has been stoked by outlandish rationales for why the spike in commodity prices over the last decade represented a permanent upward shift—a high-speed edition of the “new normal.” The case for rising commodity prices builds from the assumption that demand from emerging markets will continue to rise as it did in the last decade, but that wave has already broken up. China, Brazil, India and Russia are slowing...............................................Full Article: Source
Print