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The Coming Economic Collapse cover art

The Coming Economic Collapse

By: Dr. Stephen Leeb, Glen Strathy
Narrated by: Brian Emerson
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Summary

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
Business & Careers Economic Conditions Investing & Trading
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Profile Image for A. D. Thacker

Disappointing

Most of my listens on Audbile are fantastic. This was very disappointing.
His analysis of the impact is weak. He repeats the same point over and over again, and repeatedly harks back to his earlier writing.
I seriously question his investment advice. At the time of writing he recognised that US house prices might be a bubble, but was confident that housing and real-estate would be a sound investment, and there would be no collapse. He is so off the mark on this, it is ludicrous, and really puts serious doubt in my mind about his other over his other 'sound' advice.
The short chapter at the back on which investment sectors might do well, and which might do poorly, is admittedly quite interesting, and perhaps worth the price.
Also, the narrator, in my opinion, has a horrible grating tone, and often sounds very smug.
READ anything by Richard Heinberg for an absorbing and far-sighted analysis of the oil crisis.

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