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 US 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.
Stephen Leeb is a money manager and investment adviser. For more than 45 years he has been guiding investors via newsletters, books, blogs, and appearances on financial news networks including CNN, Fox News, NPR and Bloomberg TV. Currently he edits the investment letter The Complete Investor, which he founded in 2003. Within its first year of publication, it won an award for editorial excellence from the Newsletter and Electronic Publishers Foundation, winning the award again in 2005.He also is owner and chief investment officer of Leeb Capital Management (LCM), a New York-based wealth management firm. Leeb is the author of nine books on finance, investing, and geopolitical trends, starting with “Getting in on the Ground Floor” (1986) through his most recent, “China's Rise and the New Age of Gold” (2020). He has been called one of the country's foremost financial experts by Business journalist Charles Gasparino and one of the greatest long term strategists of his generation by American billionaire businessman Thomas Kaplan which can be summarized by Kaplan's statement and foreword in Leeb's 2012 release of Red Alert saying "I would caution readers to dismiss Stephen Leeb's warnings only at their peril." Leeb is married to Donna Leeb, also an author, and lives in New York City, New York.