This is the traditional edition. Great gift in holiday season.
Is there a coming economic collapse? When will this happen? How will this affect us?
With a nineteenyear history of making bold yet astonishingly accurate forecasts, it is little wonder that when Dr. Stephen Leeb speaks, smart investors take heed.
In his 1986 book, Getting in on the Ground Floor, Dr. Leeb prophesied the great bull market of the 1990s. In his 1999 book, Defying the Market, he warned investors of the coming collapse in technology shares. And in February 2004, when crude oil cost under $33 a barrel, Dr. Leebs book The Oil Factor predicted soaring energy prices were just around the corner.
Now, in THE COMING ECONOMIC COLLAPSE, Dr. Leeb proves that the U.S. economy is standing on the brink of the biggest crisis in its history. As the fastgrowing 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 a onceinalifetime opportunity for investors to become incredibly rich.
Backed by meticulous research and analysis, Dr. Leeb exposes the psychological groupthink that has caused leaders in government, Wall Street, the oil industry, and academia to ignore the approaching crisis, until now when it is almost too late. He debunks the myth that petroleum supplies are limitless, and reveals the truth about an alternative energy source that is fast becoming cheaper than oil.