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 US 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.
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"Excellent book, very accurate and foretelling. The book was written in 2006, I read it in 2008 when basically the stuff was happening that they predicted. Except that oil never reached $200, but was well over $100, they pretty much had it nailed."
— Jay (5 out of 5 stars)
“Leeb spins advice that can survive the siege."
— U.S. News and World Report“Brilliantly and superbly written. Truly impressive...Cannily guides investors faced with the prospect of an alarming, all-too-likely scenario.”
— Gene G. Marcial senior writer and “Inside Wall Street” columnist, Business Week“Brazen, brilliant...and a little bit frightening. Provocative and prophetic, this is one on the most important books I've read in years. Those who heed its strategies will be richly rewarded.”
— Jonathan Hoenig, author of Greed is Good“A blockbuster. A powerful warning coupled with well-documented advice.”
— Myron Kandel, former editor and anchor, CNN Financial News" I read this a few years ago and it has some profound impacts. He also mentions how international policy will change and how some of our stubbornness won't change. "
— Ryan, 1/11/2014" This book is awesome. No one can say we haven't been warned... "
— Marilyn, 12/31/2013" This book made me a lot of money... but I think by accident. "
— Kurt, 9/16/2013" As someone who knows very little about money, I found this to be pretty educational and interesting. "
— Maya, 7/19/2013" I have learned that we live in a time of crisis with an energy war. It appears that the war started in the early 70's even before the Carter Administration. "
— Rodney, 5/29/2013" The author's overall conclusions are spot-on, but like most financial advice books, this ship has already sailed. He spends some time recommending that everyone go back to 2004-2005 and read and follow the advice in his first book. I found this both amusing and frustrating. "
— Claire, 5/3/2013" not a good prognosis if things don't change in regards to leadership and their priorities "
— Derek, 4/22/2013" Leeb understands the ongoing commodity supercycle and its long-term investment implications "
— John, 3/21/2013" It does a good job of explaining in simple terms what the problem of "peak oil" is and why it will happen. It then goes on to predict it will happen before the end of this decade... "
— Ben, 9/16/2012" You might expect this to be a typical "the sky is falling" type book. Its not. Its very well reasoned, researched, has a broad view of history and states reasonable conclusions without too tight timelines. Very good education!! "
— Paul, 7/19/2012" Best read for anyone who wants to know how to survive in this economy. "
— Bud, 4/11/2012" Wish I had read this two years ago. It is scary how on the money this guy was. Hopefully that changes real soon. "
— Brent, 2/19/2012" Great book for outlining what's currently happening with oil prices. This guy predicted it coming for the last 10 years. The book was written in 2006 when oil was $30 a barrel. "
— Carter, 9/13/2011" A book about the coming energy crisis. His main prediction, $200/barrel of oil in 2010, did not come true. One of the more entertaining, wrong books I have read. "
— John, 6/21/2011" International reads are hard to come by in Beijing, picked this up in the Singapore airport recently. It seems promising... "
— Gary, 5/2/2011" This book made me a lot of money... but I think by accident. "
— Kurt, 10/11/2010" Leeb understands the ongoing commodity supercycle and its long-term investment implications "
— John, 7/22/2010" As someone who knows very little about money, I found this to be pretty educational and interesting. "
— Maya, 9/28/2008" It does a good job of explaining in simple terms what the problem of "peak oil" is and why it will happen. It then goes on to predict it will happen before the end of this decade... "
— Ben, 7/23/2008" Wish I had read this two years ago. It is scary how on the money this guy was. Hopefully that changes real soon. "
— Brent, 7/20/2008" Great book for outlining what's currently happening with oil prices. This guy predicted it coming for the last 10 years. The book was written in 2006 when oil was $30 a barrel. "
— Carter, 7/10/2008" You might expect this to be a typical "the sky is falling" type book. Its not. Its very well reasoned, researched, has a broad view of history and states reasonable conclusions without too tight timelines. Very good education!! "
— Paul, 6/24/2008" I have learned that we live in a time of crisis with an energy war. It appears that the war started in the early 70's even before the Carter Administration. "
— Rodney, 4/15/2008" This book is awesome. No one can say we haven't been warned... "
— Marilyn, 3/19/2008" Best read for anyone who wants to know how to survive in this economy. "
— Bud, 1/24/2008" International reads are hard to come by in Beijing, picked this up in the Singapore airport recently. It seems promising... "
— Gary, 1/4/2008Stephen Leeb edits the prestigious newsletter The Complete Investor. Renowned for consistently finishing among the leaders in the annual stock-picking contests of the Wall Street Journal and Forbes, he is the author of five previous books, president of Leeb Capital Management, and a regular guest on CNNfn, Bloomberg Television, and Bloomberg Radio.
Brian Emerson is an actor and technical director with a long career in the Washington, DC, and Baltimore areas.