Rate this quote:(0.00 / 0 votes)

Hundreds of billions of dollars were spent in new oil, natural gas, iron ore, coal and many other commodities in the expectation that China would continue to grow insatiably forever, that's changed, so many of the investments made by governments and companies now look really bad, and that's hitting economies and company stocks hard ... It's been a huge bubble, a massive misallocation of capital which now has to be wound down.

26 Views
Source:
Reuters 6 years ago

Discuss this Frederic Neumann quote with the community:

0 Comments

    Translation

    Find a translation for this quote in other languages:

    Select another language:

    • - Select -
    • 简体中文 (Chinese - Simplified)
    • 繁體中文 (Chinese - Traditional)
    • Español (Spanish)
    • Esperanto (Esperanto)
    • 日本語 (Japanese)
    • Português (Portuguese)
    • Deutsch (German)
    • العربية (Arabic)
    • Français (French)
    • Русский (Russian)
    • ಕನ್ನಡ (Kannada)
    • 한국어 (Korean)
    • עברית (Hebrew)
    • Gaeilge (Irish)
    • Українська (Ukrainian)
    • اردو (Urdu)
    • Magyar (Hungarian)
    • मानक हिन्दी (Hindi)
    • Indonesia (Indonesian)
    • Italiano (Italian)
    • தமிழ் (Tamil)
    • Türkçe (Turkish)
    • తెలుగు (Telugu)
    • ภาษาไทย (Thai)
    • Tiếng Việt (Vietnamese)
    • Čeština (Czech)
    • Polski (Polish)
    • Bahasa Indonesia (Indonesian)
    • Românește (Romanian)
    • Nederlands (Dutch)
    • Ελληνικά (Greek)
    • Latinum (Latin)
    • Svenska (Swedish)
    • Dansk (Danish)
    • Suomi (Finnish)
    • فارسی (Persian)
    • ייִדיש (Yiddish)
    • հայերեն (Armenian)
    • Norsk (Norwegian)
    • English (English)

    Quote of the Day Today's Quote | Archive

    Would you like us to send you a FREE inspiring quote delivered to your inbox daily?

    Please enter your email address:

    Citation

    Use the citation below to add this quote to your bibliography:

    Style:MLAChicagoAPA

    "Frederic Neumann Quotes." Quotes.net. STANDS4 LLC, 2022. Web. 30 Jun 2022. <https://www.quotes.net/citizen-quote/128505>.

    We need you!

    Help build the largest human-edited quotes collection on the web!

    Browse Quotes.net

    Quiz

    Are you a quotes master?

    »
    In which cartoon does this quote appear: "Rule number three, I can't bring people back from the dead. It's not a pretty picture. I don't like doing it!"?
    • A. Alice in Wonderland
    • B. Ice Age
    • C. Aladdin
    • D. The Jungle Book