The major drop in commodity prices and the unpopularity of mining is causing exploration to stop and mines to be shutting down. The economic crisis that is affecting raw materials, when the global economy starts to recover, is likely to cause rapid price increases. Inflation, which has been dormant now for many years, will probably be a hot
US Labour Share of GDP
The world economy cannot sustain itself if the majority of its participants are experiencing a decline in real income. Since inequality is not a self-evident vice, this raises the stakes…