Australia: Is this the end of the natural resources boom?

Today’s commentary
In yesterday’s commentary, I wrote that China was attempting to rebalance its economy, which ultimately means a slowdown in its use of commodities. This has hit the commodities currencies particularly hard, with the Australian Dollar down over 16% and the South African Rand down by over 18%. Commodity producers are going to be the biggest losers from a Chinese rebalancing. And the question then is what happens to their economies.
Take Australia for example. It is intimately ...

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