| From WSJ: The reckoning is at hand. Coming off a commodities boom, the world's drillers and diggers are moving quickly into the inevitable bust. With much of the industrialized world in recession already, much depends on China. However, some 40% of China's economy is linked to exports.
Recent sharp falls in road-traffic volume and electricity generation don't bode well. Most industrial commodity prices will likely remain subdued this year and possibly well into 2010. This "cash is king" environment favors the large, integrated resource companies. Not all will be winners, though..... Full Article: Source
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