When Japan industrialised, with Taiwan and South Korea they had 3% of the worlds population. That boom lasted 10 years adjusted for inflation.
China currently has 36% of the worlds population. Add to it all the other BRIC countries.
You can argue the CRB Commodity Price Index has just recently come out of a 20 year bear market.
BHP posted a chart showing US commodity price index reached its lowest level in the history of capitalism in 2004, adjusted for CPI.
Imagine if China industrialises like Japan. Roads, train lines, buildings everwhere. The whole west of China is more or less a hole. So much left to do. Can they do it?
