Tuesday, March 4, 2008
Fears of a commodity crash are growing as speculation continues to outstrip demand. Ambrose Evans-Pritchard reports
The "Commodity Supercycle" has many more years to run. The Earth is being stretched to the limit as India and China join the affluent society. But that does not preclude a jagged upward path with violent dips along the way. Is China really big enough to offset construction slumps now engulfing the US, UK, Japan and much of the Eurozone? One cannot ignore 60pc of the world's economy.