Bruce Soltani interviews Jeff Rubin, Former CIBC Chief Economist

Bruce Soltani interviews Jeff Rubin, a banker and former Chief Economist for CIBC on the topic of Peak Oil and its effect on global economies. Mr. Rubin's newest book, WHY YOUR WORLD IS ABOUT TO GET A WHOLE LOT SMALLER, discusses the global effects of expensive oil and how de-globalization may be the long-term solution.

Category:

News & Politics

Tags:

• Jeff Rubin
• Bruce Soltani
• Economics
• Economy
• Peak Oil
• Expensive Oil
• De-Globalization
• Effects of Expensive Oil
• peak
• oil
• gas
• solar
• China
• demand
• crisis
• embargo
• shock
• economic
• economy
• shortage
• teaparty
• Glenn
• Beck
• environment
• climate

[petrocalypsenow]

Peak oil isn't about being "a believer." It's about cold, hard scientific facts. Belief has nothing to do with it.

[ingeborgsjon]

@petrocalypsenow You are right but many people, especially economists, aren't very scientific. They believe in unlimited growth, that technology will fix it and that business as usual will continue. This is because economic theories doesn't teach about limits. Also some studies suggest that people who can't see limits are more stupid and cold, hard scientific facts doesn't work on ignorant people.