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Sunday, June 25, 2006

The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel
This Book Offers Valuable Information to Readers

Author Stephen Leeb, PhD builds the case against our government being able to address the serious problems of the looming energy crisis. Unlike the energy crisis of the 1970s where shortages were a temporary phenomenon caused by geopolitics, this crisis will be much more serious as the shortages will be permanent due to world demand for oil exceeding supply.

Regarding our political leader's paralysis to handle serious problems, Dr. Leeb Stated, "Our political leaders may have learned how to deal with an immediate crisis, at least one that can be solved with fast cash. But they have not learned to take preventive measures well in advance of a crisis." In other words, our government is reactionary.

The Author discusses such topics as groupthink, what can be learned from the tech bubble and the 1970's oil shortages, Chindia, and profiting from the rising price of oil to name a few.

In conclusion, the author's background with a PhD in psychology, an MS in mathematics and a BA in economics make the evidence presented in this book credible, relevant and no doubt worthy of your time to read. While this book doesn't cover the history of oil like, "The Prize" or the problems with the Saudi Oil industry like, "Twilight in the Desert," it does offer insight into the problems our country faces and what investments are most promising. The information is contained in 196 pages. It is very easy to read. The book is no doubt worthy of your attention.