Jeff Rubin, author of Why Your World Is About to Get a Whole Lot Smaller

[Pikaaoil]

@1ddb1 - What he was saying is that tripple digit oil prices caused the last recession..not the housing crisis. Simply supply and demand, where the DEMAND of oil has increased exponentially bc of China and India.  The SUPPLY of oil has peaked Globally and has not increased since 2004. Therefore demand is hitting a supply ceiling causing oil prices to spike. Only demand destruction caused by a recession will cause oil prices to temporarily fall..until the next economic upswing. Bumpy plateau

[1ddbb1]

this mother fucker has no idea what he is talking about and if you think he does you are as stupid as him, or American in that case, quoting from about minute 00:45 to 1:00, How does the Cleveland House market created a recesion in Germany and Japan that was twice as big as in the USA even before Cleveland itself went into recesion. So did Cleveland created the recesion or not, please explain Mr. Rubin, hahahaha

[pepintheshort100]

I welcome the END OF GLOBALIZATION!

There is GOD after all!

[IOIOIOIOIOIOIOIOIOIO]

Eloquent and avoids the usual alarmist traps

[notoriousn1ck]

excellent talk.

P.S. "thumbs up" if you think he looks like the dad from the OC.

[LucasChiasson31]

lol this is my friends dad

pretty funny guy

[updownleftrightinout]

"Distance will cost money." No more cheap plane rides to the next city. You can drive a small car or pay more.

[acsial]

Some issues I have with Mr. Rubin's thesis:

*Much of the existing oil reserves haven't been tapped, simply because they're less 'convenient' to access--like the Empty Quarter.

*Unless immigration is throttled down, Canada will keep adding 250k+ people a year to our cities. No amount of New Urbanist 'smart' growth will stem the loss of farmland from this.

*Developed farmland is forever lost to agriculture.

*Water and food--not oil--are the 'peak' resources that we're going to have to watch.

[zretila]

His book is a must read. Great insights. I wish policmakers, corporations, and consumers will read it and act upon it.

[wolffmannnn]

Smart Man--I want to read his new book.

On un-related matters...where did his Canadian accent go? You have to go south of Columbus before people start talkin' the way he's talkin'

[B2HeavyBomber]

If half he says is true then we're doomed.

[VariedInterest]

What if it's all true?

[viragemasta]

@VariedInterest

lol

[Iconoclast421]

Sounds like Jeff has been reading my blog. It is a good summation, however I disagree with the happy notion that rising transport costs will bring steelworking jobs home. It is more likely that those jobs will simply disappear entirely. Total car, truck, train, plane, and bus tonnage has already fallen at least 20% worldwide. The economy will be ratcheted down another notch well before production reaches previous peaks. Before we know it, all tonnage will be down 50%.

[Iconoclast421]

Sounds like Jeff has been reading my blog. It is a good summation, however I disagree with the happy notion that rising transport costs will bring steelworking jobs home. It is more likely that those jobs will simply disappear entirely. Total car, truck, train, plane, and bus tonnage has already fallen at least 20% worldwide. The economy will be ratcheted down another notch well before production reaches previous peaks. Before we know it, all tonnage will be down 50%.

[Physicsnerd1]

WOW! Great summation!

Jeff Rubin has summed up in 7:28 minutes the cause of our current economic situation and the complexity of its solution.

EXCELLENT!

[dirkcjelli]

If this talk is representative of his book, then the whole thing must be crap.