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Publisher's 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
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Customer Reviews

Most Helpful

By Christopher on 04-12-08

Interesting but painful.

Never have a heard so much self praise and effort dedicated to making one's self look brilliant. While the notion of the book is interesting, the authors style is wretched. Information is repeated ad nauseum and many references ask for giant leeps in logic to follow. The only reason this book gets more than one star from me is because the information is somewhat viable and merits thought. If an executive summary exists, get that and save yourself the painful experience otherwise.

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10 of 10 people found this review helpful


By Michael on 09-02-07

Crisis explained

A thoughtful approach to the explanation as to why oil will be in short supply and how the world will react to it. According to the author, the coming oil crisis will not be a temporary blip like that of the 1970s...this one will be ongoing and life altering.

I particularly liked, this example highlighting the urgency for finding an new energy source. Think of a granary. Your neighbor owns it. You get all your food from them. You know that the silo is never able to be filled. More is going out than going in. You know they will run out at some point. Wouldn't you look for another source of food? Now imagine the neighbor does not like your family. Wouldn't looking for another source of food be a top priority? This put it in perspective for me.

As for how to make money in this crisis...well that's one man's opinion. I'm not an expert in investments but I'll be monitoring his choices.

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10 of 10 people found this review helpful

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Customer Reviews

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By A. D. Thacker on 06-18-08

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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29 of 29 people found this review helpful

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