Yes, he says, commodity markets are easily bubbly enough to crash -- perhaps even bubblier than stocks were in 2000.

是的，他说，大宗商品市场的泡沫已随时会破灭泡沫程度甚至可能已超过了2000年的股市。

Europe may have avoided the American subprime mess, but in several countries house prices have been even bubblier than in America.

欧洲或许已经避免了美国式的次贷危机，但是在好几个国家，房地产市场上的价格泡沫比起美国来有过之而无不及。