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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?

To: DewDiligence_on_SI who wrote (1125)	8/26/2012 5:45:08 PM
From: elmatador	Read Replies (1) \| Respond to of 2508

(Commodities) prices will remain as much as 30-60% higher in real terms than during the last decades of the 20th century, which we think will be the ‘new normal’ economy’s growth typically becomes more ‘commodity intensive’ when it reaches per capita GDP of around $3,000 (in constant purchasing power parity 2011 dollars). At that point demand for commodities typically takes off. Conversely, we find that commodity demand tapers when economies reach per capita GDP of around $20,000. Message 28352447