Kingsmill Bond, chief strategist at Sberbank, tells CNBC that the commodity super-cycle has peaked and we are going to trend down for the foreseeable future.
This presents now challenging math for commodity-centric economies (Brazil, Russia, Australia, Canada) who were riding the wave of easy cash flow between 2003-2008 and then the QE-induced rebound speculation 2010-2011. Pay back time has come.
Here is a direct video link.
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