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Why Your World Is About to Get a Whole Lot Smaller
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Why Your World Is About to Get a Whole Lot SmallerBy: Jeff Rubin What do subprime mortgages, Atlantic salmon dinners, SUVs and globalization have in common? They all depend on cheap oil. And in a world of dwindling oil supplies and steadily mounting demand around the world, there is no such thing as cheap oil. Oil might be less expensive in the middle of a recession, but it will never be cheap again. Take away cheap oil, and the global economy is getting the shock of its life. From the ageing
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Why Your World Is About to Get a Whole Lot Smaller
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