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Robert

An retired entrepreneur and educator, who is having trouble staying retired.

Denver, NC United States | Member Since 2002

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

    • UNABRIDGED (7 hrs and 18 mins)
    • By Dr. Stephen Leeb, Glen Strathy
    • Narrated By Brian Emerson
    Overall
    (585)
    Performance
    (47)
    Story
    (50)

    In The Coming Economic Collapse, Dr. Leeb shows that the U.S. 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.

    Christopher says: "Interesting but painful."
    "Worth a listen"
    Overall

    If you change your portfolio every time you read a new investment book do not listen to this one. If you can understand that this is an extreme presentation and temper your own thoughts it is a worthwhile listen. I think there are some very good points in this book but I doubt a collapse. Many of the stocks recommended have done well since the book was written whether they have more to go now is a question. I do feel that the case for mid to long term escalating oil prices is a very strong one and well made in this book. Might want to add one or two recommended stocks to your portfolio but I would not put everything in gold just yet.

    Like all investment books it has some interesting points. Probably more right than wrong but the prudent investor always hedges. Listen, think and wait a week or two before acting.

    0 of 0 people found this review helpful

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