Jeff Rubin Jeff Rubin Keynotes

In his presentations, Jeff Rubin delineates the economic underpinnings of globalization. He focuses... Need Inspiration?

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Jeff Rubin Shows How High Oil Prices Will Shrink Your World

 - Feb 28, 2012
References: jeffrubinssmallerworld & youtube
In this insightful talk with economists and author Jeff Rubin, he describe why the world is about to get a whole lot smaller. He explains that oil prices are going to become a lot more expensive, which means that traveling longer distances will not be as affordable as they have been currently, and, literally, people’s worlds will shrink in that they won’t be able to do the same amount of traveling they once could in the past.

If this is the case, it will also make less sense to import products from other countries that have cheaper labor because the fuel to ship those products would be too costly. In this intriguing discussion, Jeff Rubin informs his audience that high oil prices may mean the end of globalization.