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Detailed text transcripts for TV channel - MSNBC - 20121022:19:51:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121022:19:51:00

Author of "the big flatline: oil and the no-growth economy." jeff, thanks for being with us. >> my pleasure. >> you argue we are nearly at the end of the cheap oil and cheap energy and that's going to lead to flatlining growth, but that that's not necessarily a bad thing and you say tomorrow's kids won't live in as many square feet of space, own as many flat screen televisions, or have as many cars in the driveway, but for all the material things they give up, they may be compensated in other ways. what do you mean by that? >> well, i mean, i think that we're going to find that triple digit oi...