The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel
- ISBN 10: 0446579785
- ISBN 13: 9780446579780
- Authors: Glen Strathy - Stephen Leeb
- Edition: Hardcover
- Release: 2006-02-21
- Format: Hardcover (224 pages)
- List Price: $24.95
- Tags: Business & Investing, General, Business Life, Ethics, Economics, Economic Conditions
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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.
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