The traditional and curious document says that : The year of the 'Perfect Storm'The Baltic Dry Index increased by 100%
Falling oil prices in 2012 could cause a rise in the Baltic Dry Index as operating expenses fall. Brazil is expected to expand Australia's supply of iron, causing a greater fall in prices and therefore increased demand for imports from China to satisfy his insatiable industrial production, which, along with monetary easing, leads to a pronounced peak in demand for iron ore.
The price of wheat doubled in 2012
The price of wheat on the CBOT will double over in 2012 after being the worst performing crop of 2011. With 7,000 million people on the face of the earth and ticket printing machines running at full throttle, unfortunately, bad weather again shake the entire planet and complicates the year to produce.
In particular, wheat rebounded strongly, as speculative investors, who have established one of the largest short positions of the story, help to bring back the price to its
The effects of the impending slowdown in China that hovers over the Asia-Pacific drag other countries into recession. No doubt, the most linked to the welfare of China is Australia's economy, especially due to its role as a supplier of natural and mineral resources of the Asian giant.
So, as China's demand for such goods weakens, Australia is thrown into the arms of the recession, which will be exacerbated with the real estate bubble burst half a decade later than in the rest of the world.
The Basel Accord III force the nationalization of 50 European banks
In early 2012, pressure on the European banking system will increase when the new requirements and regulations applicable to the capital require banks to initiate a process of deleveraging at full speed.
This leads to the liquidation of financial assets due to the small number of buyers in the market. The total freezing of the interbank market will force European savers to a bank run, as investors wary of sovereign debt guarantees. As a result, more than 50 banks recently in the balance sheets of governments and several well-known commercial banks cease to exist.
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