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Vanishing nickel may not end the boom

Nirgunan Tiruchelvam
Nirgunan Tiruchelvam • 4 min read
Vanishing nickel may not end the boom
Nickel mining in South America / Photo: Pedro Henrique Santos via Unsplash
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The MBK mall in Bangkok was a popular destination in the 1990s. People were not drawn to it for its splendour. The building was run-down like the People’s Park Complex in Singapore.

People flocked to it for counterfeit goods. Gucci handbags were identical to the original. They traded at US$50, which was about 3% of the actual price.

The discerning buyers might have spotted the fakes. But, most customers revelled in the forgery. More fake Gucci bags were sold in that mall than real ones in Italy.

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