tag:blogger.com,1999:blog-5524682876220396502.post8391653661607196308..comments2024-03-27T06:56:10.255+00:00Comments on Broad Oak Magazine: Emerging markets inflation could break the current systemUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5524682876220396502.post-6070508556332582892008-07-09T17:49:00.000+01:002008-07-09T17:49:00.000+01:00Interesting, Sobers, I shall look out for this pat...Interesting, Sobers, I shall look out for this pattern.Sackersonhttps://www.blogger.com/profile/09410040031410954403noreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-50886572632628921852008-07-09T15:16:00.000+01:002008-07-09T15:16:00.000+01:00The rampant inflation in the the Far Eastern econo...The rampant inflation in the the Far Eastern economies is the reason why I think the current oil price rise is an unsustainable bubble. China, India, Russia and a host of others all have large & growing inflation figures. It would be very unusual for such conditions not to lead to a reduction in economic activity. When this becomes apparent the commodity price boom will turn to bust in a flash. I predict oil well below $100/barrel and similar reductions in other commodities (including sadly (for me) agricultural prices)Anonymousnoreply@blogger.com