Today's Big Stories

Commodities could remain cheap for another 15 years – economist Mike Schussler

The Money Show’s Bruce Whitfield interviewed Mike Schussler, Chief Economist at Economists.co.za.

Schussler spoke about his latest Moneyweb column.

In the column Schussler explores the commodities super cycle by looking at history.

Scroll down for quotes from the audio below.

If history repeats itself – we have 130 years of data – then commodity prices will stay low for another 15 years.

Mike Schussler, Chief Economist at Economists.co.za

This is the fastest fall in commodity price since 1931.

Mike Schussler, Chief Economist at Economists.co.za

We need to get away from commodities.

Mike Schussler, Chief Economist at Economists.co.za

We must focus on things like wine and tourism.

Mike Schussler, Chief Economist at Economists.co.za

We need closer integration with our neighbours.

Mike Schussler, Chief Economist at Economists.co.za

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