The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel

The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel
by Stephen Leeb, Glen Strathy

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Book Summary Information

Author: Glen Strathy, Stephen Leeb
Edition: Paperback
Published: 2007-02-21
ISBN: 0446699004
Number of pages: 224
Publisher: Business Plus

Book Reviews of The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel

Book Review: Collapsing Now?
Summary: 4 Stars

They were calling Stephen Leeb 'the $100 a barrel man' when he first predicted this phenomena a few short years ago. Now he's looking at $200 and the mainstream media oil and finance pundits are slowly catching up with him. He is one of a number of writers who are warning that we are now in for an increasingly difficult times economically and that there are ways to benefit from the downturn. He is scathing of Wall Street and associated group think and warns against the herd instinct.

Leeb gives very clear advice on where to place one's investments and these include: gold related stocks and bullion; oil service companies. He recommends 'Chindia' which is the name he gives to the fast growing markets of China and India, targeting specific multinationals which are moving into these markets with products and experience which will make them successful.

This is not just a book on finance and oil though. His frame of reference is much wider drawing, as he does, on the work of two writers who have described what happens when civilizations fall apart. This is the context is which the book is written: the work of Jared Diamond in 'Collapse' and Jo Tainter in 'The Collapse of Complex Societies'. Mr. Leeb is convinced that the worst may be about to happened to our civilization. He gives good advice on how to deal with that and with scenarios of lesser magnitude. I found it most useful.

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Summary of The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel

Stephen Leeb shows how hard times can be a boon for smart investors. As the world faces an energy crisis of unprecedented scope, renowed economist Stephen Leeb shows how surging oil prices will contribute to an economic collapse. With meticulous research and analysis, Leeb shows that due to strong competition from India and China, prices could soon double, a cost for which most countries and investors are ill-prepared. Now, in this groundbreaking book, Leeb not only shows how this crisis will affect consumers, but how savvy investing can turn these dire times into financial gain.

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