The End of Growth
Economist and resource analyst Jeff Rubin is certain that the world's governments are getting it wrong. Instead of moving us toward economic recovery ...more
Rubin begins with the basics, including a brief overview of fiscal and monetary policy, monetarists and Keynesians, and economic growth. That ou ...more
The key premise here is that economic growth depends on inexpensive energy provided by oil and other fossil fuels. I found he didn't really explain why this linkage exis ...more
At one time or another, we've all heard—or even said—that things will get better once the economy picks up again. Recessions have happened in the past and the world has always come out of them with increased economic growth, triggered by various events. Author Jeff Rubin doesn't think we've recovered completely from the sub-prime mortgage crisis of 2008 and, what's more, believes that we're on the verge of an even greater recessionary period that will be sparked by the European Union's debt situ...more
In his second book, Jeff Rubin again makes a strong case that "triple-digit oil ...more
I really enjoyed the discussion the author presented on the current world economies and why some countries came out of the last recession in a decent position while others did not. He made it very easy to understand all the complexities and politics that influence economics...inclu ...more
Rubin argues that our economies can only grow on the back of cheap energy and that cheap energy will no longer exist in our world. Energy prices are going up and are not going to come down again. Food prices will be significantly affected around the world, which we've already seen. Disposable income for the middle class and below will shrink sign ...more
I highly recommend this book for anyone interested in where we are all heading and some excellent sugges ...more
It's worth a read, but you won't find anything world changing or anything worthy of a Nobel
PS It's fun to coun ...more
Thought it was very similar in many respects to his first book. Rehashed many of the same things but with a bit of a different take on the results. I think there is some validity to his thoughts although I think they could be a bit stretched in how they could pan out. I enjoyed the book even though it's conclusion is pretty scary for all the capitalists out there that will not want to hear any of it. ...more
Remains to be seen whether this will play out as he predicts or whether some other factors come into play that yield a different result.
Time for the western world to wake up though and consider the economic consequences.
Well worth a read. ...more
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