I work for the largest mining company in the world and i can tell you our order books are still overflowing 2 years out for the delivery of large off highway trucks and track type tractors from these major mining conglomorates. I see no tangiable evidence of a severe slowdown looming as such . Iron ore and other commodities will bounce back . This is a normal pull back phase within a strong and longer term commodity cycle. Monetary policy will provide a real stimulus in 6-12 months for both consumer and business investment. The Chinese are still in their infancy as a developing nation . You cant build 10 Manhattan's by approx 2020 without significant demand of worldwide commodities.
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