Who knows where these markets will take us? Its definitely an ugly mess though.
India alone has an increasing population of 20 million each year (the population of Australia). One can only guess what Chinas growth is also. Resources/Energy may slow for a little while but I believe it wont last long as China is building a city the size of Melb and Brisbane combined evry year for the next ten years. They also have millions of cheap labour to keep building etc. Its their Industrial Revolution and they want it all like us. So does India.
CNX Price at posting:
31.5¢ Sentiment: None Disclosure: Held