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

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In this incredibly timely book,renowned economist Stephen Leeb shows how surging oilprices will contribute to a huge economic collapse bysoaring to over $100, and perhaps $200, a barrel- andtells how you can avoid the pitfalls of the upcomingcrisis.

224 pages, Hardcover

First published February 21,2006

About the author

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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.


Community Reviews

Rating(4.3 / 5.0, 30 votes)
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30 reviews All reviews
March 26,2025
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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!!
March 26,2025
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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.
March 26,2025
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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...
March 26,2025
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I have learned that we live in a time of crisis with an energy war. It appears that the war started in the early 70's even before the Carter Administration.
March 26,2025
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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.
March 26,2025
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This book was written in 2006, and the author had tremendous insight into what we are seeing in the economy today - 2008. Oil was less than $50 per barrel, and the author, contrary to government or other experts, was predicting oil to go well over $100 per barrel. In fact, the sub-title of the book is "How you Can Thrive When Oil Costs $200 a Barrel." Seems like this is very likely now, given the basic laws of supply (declinein goil supply) and demand (China, India, etc.). The author also outlines how and why the real estate market might collapse - which we are now in the midst of.

The book provides insights beyond the economy and investing. The author discusses the decline of past civilizations, groupthink and how our world might change if oil or an alternative energy supply is not available. "We will be compelled by circumstances ... to conduct the activities of daily life on a smaller scale ... the downscaling of America .. the complexity of human enterprise will also decline in all fields ...." He suggests that we all may be forced to live more simply as the Amish live.

It may be a little late to take advanatge of some of the investing insight (recommendations)in the book, but it still provides valuable insight - on several fronts.
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