Warning: ‘Prepare’ for Commodity Supercycle End

Warning: ‘Prepare’ for Commodity Supercycle End: "Last year, Columbia University's Bilge Erten argued there have been three complete supercycles of between 30 and 40 years: the first peaking in 1917, the second in 1951 and the third in 1973.
We are in the midst of the fourth cycle, she said, which began at the start of the century and is driven primarily by the industrialization of China.
"It is not clear how long this cycle is going to be," Erten told CNBC. "Overall, we found that supercycles have between 15 and 20 years of expansion. We've had about 10 years of expansion since 2000 so we have maybe five more years to go if this cycle fits the pattern of previous ones." "

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