The American Stragetist - logo
 

Falling Commodities and a Global Slowdown

Sam Sherraden - 
August 18, 2008 - 2:24pm

High commodity prices masked weak economic fundamentals in many commodity exporting countries. Now the risk of a global slowdown is higher, reducing demand for commodities and hurting export revenues in commodity rich countries. Commodity rich Brazil, Russia, and Australia have been hurt by the falling prices while less demand in India and China also indicates there will be a world recession.

Snapshot asks, are we watching a commodity bubble pop or do falling commodity prices indicate a forthcoming world recession?

BNP Paribas - Market Watch
Financial Times - Falling Brics
BullionVault - Demand Destruction & Central Bankers

Bookmark/Search this post with:
  • Delicious
  • Digg
  • StumbleUpon
  • Propeller
  • Reddit
  • Magnoliacom
  • Newsvine
  • Furl
  • Facebook
  • Google
  • Yahoo
  • Technorati
  • Icerocket
Tags:

Post new comment

Please note that comments are reviewed by an editor prior to publication. We welcome all relevant critiques, feedback and counterarguments, but comments that are profane, offensive, off-topic or blatantly commercial will not be published.
The content of this field is kept private and will not be shown publicly.
CAPTCHA
This question is for weeding out automated spam submissions.