"Instagram is a massive commodity to a model now," says Richard Storer, managing director of Eleventen Communications, a PR agency for brands, models and celebrities.
Froehlich also sees $4 trillion in sidelined cash just waiting to gobble up equities that are down 50% from peak values, including money from massive, commodity inflated sovereign wealth funds that need portfolio diversity.
It's already happening, and it's causing the massive global commodity bubble to deflate.
It will also prick the massive global commodity bubble, as investors realize the key buyer is withdrawing.
In Asia, though, he said, "seeing the massive demand for commodities started to make me think about commodity prices and inflation as being things we ought to start to think about".
It hasn't followed a massive runup in commodity or land prices.
Google's MapReduce revolutionized large-scale analysis, enabling the processing of massive datasets on commodity hardware and cloud resources, providing transparent scalability and fault tolerance at the software level.
Whereas there are rarified pens near the front of the pack then a massive number of commodity pens further along, these pens appeal to collectors and fill specific aesthetic and functional needs.
Spring phase: high levels of production, increasing wellness, rising inflation; Summer: economic 'peak' and high inflation followed by societal doubts; Autumn: reduction of inflation leads to a credit boom, which creates a false plateau of prosperity that ends in a speculative bubble; Winter: excess capacity worked off by massive debt rejection, commodity deflation and economic depression.
It's also causing massive shortages of basic commodities, such as toilet paper, which is leading to mobs at stores and more agitation among Venezuelan protesters.
