Tuesday, January 28, 2014

The Commodity Super-cycle is Over

the commodity super-cycle is probably over — for a variety of reasons — and this hurts the BRICS that are commodity exporters: Russia, Brazil and South Africa. “Given the slowdown of China, after years of high prices, commodity prices may fall further, hurting the growth of the commodity oriented BRICS,” said Roubini, well known for his bubble warnings and doom scenarios. - in www.firstpost.com

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
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