MONTREAL - Jeff Rubin is a former chief economist with CIBC World Markets.
After a career focused on oil, Rubin is convinced that high energy prices lead to economic stagnation.
His second book, "The End of Growth" emphasizes that message, and explains that everyone is slow to understand.
"When you change the price of oil as dramatically as has happened in the last decade, you don't change the speed you drive your car, you change the speed at which your economy can grow," said Rubin. "That is the message that policy makers have yet to understand because everywhere around the world we've still got our foot on the gas pedal, whether it's zero interest rates or trillion-dollar deficits in the U.S."
For the full interview click the video player.