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Meaning
The statement says that a previous rise in commodity prices was driven by borrowing and heavy construction spending in China, and that this period has ended. It suggests the effects of that boom were temporary rather than permanent. It also implies a broader economic slowdown tied to the unwinding of that bubble.
When It Was Said
Not documented yet.
Who It Was Said To
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Historical Context
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Source
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Original Language & Translation
Originally said in English.
Did They Really Say It?
Listed as attributed on Wikiquote, with no source found on Wikiquote.
Did You Know?
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About Kevin Brady
American politician
Kevin Patrick Brady is an American politician and Republican who served as the U.S. representative for Texas's 8th congressional district from 1997 to 2023. The district included northern Houston, including The Woodlands. He was a long-serving member of Congress, representing the district for more than two decades. His public career is tied to Texas politics and the Houston area, especially the northern part of the city and its surrounding communities.
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