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Im certain there isn't a developed
nation in the world that is in any
better shape. As the economy shrinks it
will suck the wind out of the sails of
commodities. Dropping commodities will
stifle developing nations as I hey make
more from exports than they spend on
developing. The gig is up and the next
10 years will bring a rebirth to the
world economy as we know it. My vote is
for continuing debt defaults, dropping
commodities, bond values and realestate
and overall deflation.
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ado089 . . . believe the scenario you are
describing may hit global markets as early
as this fall or certainly in 2014. The
global recession is about to worsen (IMO).
And commodities prices are on the hit list
. . . in the form of deflation.
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