Jeff Rubin

Much of America’s new found oil wealth is being shipped abroad, which is worrying Americans who figured they had a Made-in-the-USA solution to the country’s energy needs.

Economist Jeff Rubin and environmentalist David Suzuki might seem an unlikely pairing. But they’ve been touring Canada together, talking about the natural limits to growth from their very different perspectives. This event was staged as part of Calgary’s WordFest.

Jeff Rubin, economist and winner of the 2010 National Business Book Award for his title Why Your World is About to Get a Whole Lot Smaller, speaks at the Toronto Reference Library May 14, 2012. With CBC’s Michael Hlinka.

European voters are rejecting further fiscal restraint, showing the door to former austerity-imposing politicians in Greece and France. In a similar spirit, European Central Bank President Mario Draghi is now calling for a “growth pact” to replace the “fiscal pact” demanded by Angela Merkel’s government in Germany.

You know, knowing the nature of the disease is usually an essential first step to finding a cure. And so too, it is with a recession. Knowing the true nature of a recession goes a long way in helping us to avoid falling into another one. Particularly when the recession we are just coming out of happens to be the deepest global post-war recession on record.

Jeff Rubin, the former Chief Economist of CIBC World Markets and the author of Why Your World Is About To Get A Whole Lot Smaller built his reputation as one of Canada’s top economists based on a number of successful predictions including the housing bust of the early 90s and the rise of oil prices. In his recent book, Mr. Rubin predicts $225 per barrel oil by 2012 and with it the end of globalization, a movement towards local sourcing and a need for massive scaling up of energy efficiency.