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overtheedge
Member since May 2012
680 commentaries - 6 followers

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How Sustainable are China's Copper, Cotton, Steel Imports? Fresh Thinking on Balance of Payments - Mish - Global Economic Analysis

Over the decades, I have only seen two things that can be sustainable; the family farm and debt. I'm not so sure about the family farm anymore.

Tis far better to be convert promissory notes to hard assets than to lose all valuation.

Whatever gave anyone the idea that growth can be sustained? Ever hear of entropy?

Commented 4174 days ago

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Beginning of the headline :Inquiring minds as well as commodity bulls need to consider the likely economic impact of China's commodity imports and how sustainable those imports are. For example, please considerChina’s Cotton Reserves Enough to Meet Deficit for Six Years Cotton stockpiles in China, the world’s biggest importer, are set to climb to about 9 million metric tons this season, enough to cover the country’s deficit for the next six years, according toAllenberg Cotton Co... Read More

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