Posts Tagged ‘cheap oil’


Posted by Jeff Rubin on October 30th, 2009 under SmallerWorldTags: ,  • 7 Comments

Nothing is shrinking faster these days than global trade. For the first time in decades, world trade volume, the lifeblood of the global economy, is actually falling. And chances are that downsizing is here to stay. One reason global trade is shrinking is that most major economies have been contracting. Recession-scarred economies will of course [...]