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Paperback: 224 pages Publisher: Business Plus (February 21 2007) Costumer Rating: Read an Excerpt Chapter 1: The Bursting of the Tech Bubble, Part 1 Chapter 1: The Bursting of the Tech Bubble, Part 2 Chapter 1: The Inescapable Truth About Technology Book Description With a nineteen-year history of making bold yet astonishingly accurate forecasts, it is little wonder that when Dr. Stephen Leeb speaks, smart investors take heed. In his 1986 book, Getting in on the Ground Floor, Dr. Leeb prophesied the great bull market of the 1990s. In his 1999 book, Defying the Market, he warned investors of the coming collapse in technology shares. And in February 2004, when crude oil cost under $33 a barrel, Dr. Leeb's book The Oil Factor predicted soaring energy prices were just around the corner. Now, in The Coming Economic Collapse, Dr. Leeb proves that the U.S. economy is standing on the brink of the biggest crisis in its history. As the fast-growing economies of China and India push global demand for oil beyond production capacity, Americans will experience a permanent energy shortfall far worse than the one in the 1970s. The result will be severe financial hardship for most people, and a once-in-a-lifetime opportunity for investors to become incredibly rich. Backed by meticulous research and analysis, Dr. Leeb exposes the psychological "groupthink" that has caused leaders in government, Wall Street, the oil industry, and academia to ignore the approaching crisis, until now when it is almost too late. He debunks the myth that petroleum supplies are limitless, and reveals the truth about an alternative energy source that is fast becoming cheaper than oil. In addition, he offers practical solutions such as:
The Coming Economic Collapse is an urgent call-to-arms to avert an all-but-certain catastrophe ... and a survival kit for an era that offers us only two financial choices: poverty or wealth. About the Author Stephen Leeb, PhD. Stephen Leeb is the president of Leeb Capital Management and editor of the prestigious newsletter The Complete Investor. Renowned for finishing among the leaders in the Wall Street Journal's and Forbes's annual stock-picking contests, Leeb is the author of four previous books. His wife and longtime collaborator, Donna Leeb, has a diversified background in business writing and holds a master's degree in journalism from Columbia University. » More by Stephen Leeb, PhD. | |||||||