Can there be a commodity supercycle if China’s not pedaling?
capitaleconomics.substack.com
The concept of commodity supercycles has had a difficult history. It has its roots in the work of Nikolai Kondratiev in the early 1920s. He fell out in turn with Trotsky, Gosplan and Stalin, was imprisoned and then executed some years later. And economists today still disagree over whether the “long waves” he identified in commodity prices and other macroeconomic variables even exist.
Can there be a commodity supercycle if China’s not pedaling?
Can there be a commodity supercycle if…
Can there be a commodity supercycle if China’s not pedaling?
The concept of commodity supercycles has had a difficult history. It has its roots in the work of Nikolai Kondratiev in the early 1920s. He fell out in turn with Trotsky, Gosplan and Stalin, was imprisoned and then executed some years later. And economists today still disagree over whether the “long waves” he identified in commodity prices and other macroeconomic variables even exist.