The Coming Economic Collapse

How You Can Thrive When Oil Costs $200 a Barrel

By: Dr. Stephen Leeb, Glen Strathy

Narrated by: Brian Emerson

When Dr. Stephen Leeb speaks, smart investors take heed. In his previous books, Dr. Leeb predicted the great bull market of the 1990s and the collapse of technology shares in the new millennium. Now, in The Coming Economic Collapse, Dr. Leeb shows that the U.S. economy is standing on the brink of the biggest crisis in 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 once-in-a-lifetime opportunities for investors to become incredibly rich.

This 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.

©2006 Dr. Stephen Leeb (P)2006 Blackstone Audiobooks

Outstanding

Very well researched thesis and a highly recommeded read.

Only So So

I'm inclined to agree with Eduard from Brookfield, WI. Overall the book is interesting, but find it difficult to accept the collapse of the world scenario presented. I agree that we do need an agressive alternative energy program....but what is new about that idea? We have all known this for a long time now. When gas hits a certain level then other fuels become enconomical and alternatives will become available. I cannot give this book a yea nor a nay, if this interests you then listen to it. If not, select another title as this book was just a bit too one sided for me.

Wisdom

Prudent advice. Well worth the read or listen.

Worth a listen

If you change your portfolio every time you read a new investment book do not listen to this one. If you can understand that this is an extreme presentation and temper your own thoughts it is a worthwhile listen. I think there are some very good points in this book but I doubt a collapse. Many of the stocks recommended have done well since the book was written whether they have more to go now is a question. I do feel that the case for mid to long term escalating oil prices is a very strong one and well made in this book. Might want to add one or two recommended stocks to your portfolio but I would not put everything in gold just yet.

Like all investment books it has some interesting points. Probably more right than wrong but the prudent investor always hedges. Listen, think and wait a week or two before acting.

Very Interesting

Many seem to feel that the author is being alarmist or playing "chicken little"... I thought it more like he proposed some of what COULD happen, if things don't change. And to say it's completely insane that OUR way of life could ever disappear is not only arrogant, but ignorant of history. Certainly the ancient Romans felt the same way... as did many other great societies. None of us is guaranteed a place in the future, it takes work and forethought and luck and... well, you get the idea. Anyway, i think the authors point is that, putting your head in the sand is the WORST thing you can do. Read with an open mind, maybe a grain of salt, and decide for yourself.