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The Coming Economic Collapse

How You Can Thrive When Oil Costs $200 a Barrel

by Stephen Leeb and Glen Strathy

The Coming Economic Collapse
Publisher: Warner Books, Inc.
Pub. Date: 2006
ISBN: 9780446579780
No. pages: 224

Category: Finance
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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.

Rating    (what is this?)

Overall rating 7  (7)
Applicability rating 8  (8)
Innovation rating 6  (6)
Style rating 7  (7)

Level of Expertise    (what is this?)

Level rating 3  (3)

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