Case Studies on economy and commodity bubbles in US for D3M class. @NYU-Stern

1. The ‘Real’ Hunger Games
Vishal Singh
NYU-Stern

2. Bubble Economy
 Dot Com
 Housing
 Commodity

3. Dot Com Bubble

5. Housing Bubble

8. Consequences
Example: Unemployment

12. Consequences
Example: Consumer Debt

16. Commodity Bubble
The Real Hunger Games

17. IMF Monthly Commodity Prices

18. IMF International Trading Prices of Rice

21. Current Explanations
 Climate change
 Biofuel demand has strengthened linkages
between world energy and agricultural markets
 Demand from China/India
 Speculation?
 Focus is on Single Commodity (usually)

22. Agricultural Commodities

24. Non Ag Commodities

27. Rubber vs. Zinc
Variation in Timing of Peak

33. So if and when I see
signs that
speculation is really
driving up prices, I’ll
say so. But the
signature just isn’t
there right now.