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The Coming Economic Collapse
How You can Thrive When Oil Costs $200 a Barrel
by Stephen Leeb, Glen Strathy
List Price: 16.99
Price: 11.55

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Paperback: 224 pages
Publisher: Business Plus (February 21 2007)
Costumer Rating: Costumer rating

Read an Excerpt

Chapter 1: The Bursting of the Tech Bubble, Part 1
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.

Chapter 1: The Bursting of the Tech Bubble, Part 2
It is nearly impossible for an investor to recover from a loss like this. A 70 percent loss on, for instance, a $100,000 portfolio leaves its owner with only $30,000. Even if the owner manages to double his money before retirement, that still leaves him

Chapter 1: The Inescapable Truth About Technology
As individual investors, there is little we can do to prevent mass hysteria from occurring, let alone the imbalances in society that can provoke a major economic crisis such as the tech bubble or the growing oil squeeze.



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 #1 skill investors need, and why advice from most financial experts will prove disastrous

  • How to make a fortune in oil, gold, and other inflation-sensitive sectors

  • Today's leading alternative energy stocks, the new super-growth industry

  • Steps the government must take immediately to avoid crippling energy shortages.

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.

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