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

ISBN: 0446579785
ISBN 13: 9780446579780
By: Stephen Leeb Glen C. Strathy

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Genres

Audible Business Currently Reading Economics Finance Financial Non Fiction Nonfiction Peak Oil To Read

About this book

Economist Stephen Leeb shows how surging oil prices will contribute to a huge economic collapse by soaring to over $100 a barrel - and tells how you can avoid the pitfalls of the upcoming crisis.

Reader's Thoughts

Bud

Best read for anyone who wants to know how to survive in this economy.

Fred

frightening

Savio

The author had a very negative outlookand was always comparing the present to the 1970'sI know history repeats itself, but never word to word my friend.And the investment advice given was not something new..so In all not worth reading.

Paul Irvine

You might expect this to be a typical "the sky is falling" type book. Its not. Its very well reasoned, researched, has a broad view of history and states reasonable conclusions without too tight timelines. Very good education!!

Derek Barnes

You'd think a book with this title would be pretty pessimistic. However, his economic forecast written in 2006 is, though accurate, shockingly not pessimistic ENOUGH!!! He laid out the dangers of housing inflation, but predicted that it couldn't possibly deflate because the prospect was just too horrendous to contemplate. I've got his Game Over book in my hands right now and looking forward to reading his thoughts of the 2008 crash aftermath.

Effendy

Brief overview and insights on the important of energy and its replacement that covers its important to economy, investment and personal contribution and planning.

Ben

It does a good job of explaining in simple terms what the problem of "peak oil" is and why it will happen. It then goes on to predict it will happen before the end of this decade...

Jay

Excellent book, very accurate and foretelling. The book was written in 2006, I read it in 2008 when basically the stuff was happening that they predicted. Except that oil never reached $200, but was well over $100, they pretty much had it nailed.

Mitro Pietro

Exellent and objective analysis of energy economics from 2005 (published in 2006), which have proven to be disturbingly accurate. Criticisms of this book, based on the investment advice it gives, are overdone, as investment strategies comprise very little of the book, itself. The book is more about the social and economic consequences of a high global demand for oil and an oil supply that is declining.

D.R. Pitcock

I enjoyed the apocalyptic "what ifs" in the book. It sets your mind thinking about what would happen if I had to pay $15.00 a gallon for gas and under what circumstances. It isn't very prescient but is a good, measured approach to a chaotic world were it's a bit like a Mad Max movie.

Maya Rock

As someone who knows very little about money, I found this to be pretty educational and interesting.

Brandon Little

This book was certainly no letdown from past Stephen Leeb books. There are many insightful and very realistic views of the possibilities of not just the United States, but the world as a whole, when the oil crunch really begins to hit hard. More than investment advice as his past books lean toward, this books seems to be almost an outcry for action to prevent a series of unfortunate events as a result of the greatest problem our civilization will have to face--the coming energy crisis.

Mike

This is the strangest investment book I've ever read. The authors spend about 170 pages (out of 196) explaining why the economy may collapse. The premise is that Peak Oil Theory is correct, that the supply of cheap oil is dwindling, and as a result, society as we know it may change drastically.The weird part is that after each gloom-and-doom scenario they paint, the authors provide a glimpse of hope. For example, they mention that the shortage of cheap oil may cause a new age of barbarism and lawlessness that will result in a lot of people being killed as a relatively small number of strong clever people take what they need to survive... but we'll show you how to profit from it!It's not quite humorous, but it comes close. The investment advice seems solid. After they spend 170 pages explaining how they were right about the price of oil (predicting further that it could hit $100 by the end of the decade, which of course it has) and how energy affects everything and which historical trends to learn from, and so on, I'm inclined to trust their advice.So when society crumbles and we all go back to living a pastoral existence on an Amish-style farm near a small town, I'll be able to sleep on a huge pile of hundred dollar bills.

John Sorensen

A book about the coming energy crisis. His main prediction, $200/barrel of oil in 2010, did not come true. One of the more entertaining, wrong books I have read.

Judy

The subtitle of this book is "How You Can Thrive When Oil Costs $200 a Barrel." Leeb, who holds PhDs in economics, math, and psychology, presents a bleak but believable picture of a world in which oil is no longer available to the average person. He discusses the world's depleting oil supplies, the world-wide dependence on oil, and the consequences of not pursuing a replacement power source. It is a pretty frightening scenario. This books was written in 2005, and his prediction of skyrocketing oil costs was validated by last summer's spikes. His discussion of "group think" in regards to both the environment and economics was especially interesting to me. The book includes an appendix of tips for investing in what is sure to be a changing world. While I don't have either the science or the economic background to totally understand all he said, there was plenty here to make me think and re-evaluate my views.

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