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(3)In this summary you will learn
- Why civilization, as we know it, is about to collapse
- Why oil is becoming more expensive
- How to take advantage of specific current investment opportunities
- Why alternative sources of energy are important
Why you should read The Coming Economic Collapse
Civilization is about to collapse. Most civilizations collapse eventually and, if its leaders don’t take action soon, the U.S. will follow Easter Island into oblivion. The reason? High oil prices. Oil is getting scarcer and the price could hit $200 a barrel soon. Americans will not be able to adjust to these prices without making huge sacrifices, but no one is seriously preparing to do that. So say Stephen Leeb and Glen Strathy in their account of how the U.S. is heading toward disaster. However, all is not lost for the investor prepared to think ahead, since the authors outline the investment opportunities that arise from this doomsday scenario. Although they predict that America could revert to a 19th-century standard of living, or wind up in a nuclear World War III, they say some stocks are still a good buy. getAbstract recommends this book to readers who enjoy speculating about the future, particularly if it involves a profit.
About the Authors
Stephen Leeb edits the newsletter The Complete Investor and has written five books. Glen Strathy is a freelance financial writer.
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