If you think the financial crisis was created by the housing bubble in the US, then you should probably think better, says Jeff Rubin.

He takes a much broader view of what's happening in the world right now, and besides the housing market, he points out that the real cause of the financial crisis is the ever increasing cost of energy. If we accept his view, then the political solutions to the problem should be very different from the kind of fixes we have been trying to apply to our broken economies.