20.08.2013 - A commodities boom, for some
The global-commodities boom of the past fifteen years sent prices soaring for raw materials of all types—not only for food products like wheat and ground beef, shown here, but also for energy and metals. That boom (or super-cycle, as some call it) was driven in large part by China’s voracious demand for natural resources, and it had a profound impact on the global economy, providing a sizable boost to economic growth in many developing countries and creating a drag on growth in countries that depend on imported oil (like the U.S.). The boom also helped fuel social unrest, as rising food prices made it difficult for some developing countries to feed their populations...............................................Full Article: Source
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