Game Over
How You Can Prosper in a Shattered Economy
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- $12.99
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- $12.99
Publisher Description
You already know about the devastating recession we're in. Jobs are being cut by the tens of thousands. Real estate values are plummeting. Retirement plans and 401ks are going up in smoke. And then there's rising inflation. And whether we like it or not, higher gasoline prices again are right around the corner.
Then there's the ever-present confusion and dips in the stock market, and, whether we want to admit it or not, the fact that the world is finally beginning to run out of essential raw materials, such as silver, titanium, and, of course, oil.
Yes, the economy is definitely a wreck. Even worse, according to most experts, our problems are not going away soon. We're going to be in serious financial trouble for a long time.
So . . . are you ready for some good news?
As you will discover in Game Over, bestselling author and investment advisor Dr. Stephen Leeb shows you how to not only survive in the current economic maelstrom but actually find a way to thrive.
Dr. Leeb first tells you just how bad things are by exposing the basic suppositions of our institutions, and how quickly outdated they've become. Warning bells are sounding especially for Americans looking forward to a relaxing retirement and living off their savings, investments, Social Security, and Medicare. The time to sit up and take action is now.
Dr. Leeb provides a clear-cut and well-crafted financial road map to protect every investor in the years to come. Specifically, he reveals which key investments will steadily rise . . . the best ways to hedge surging inflation . . . and which sectors will boom.
Many will lose their savings, watch their investments shrink, and never fulfill their financial dreams. But with Dr. Leeb's advice, you can make sure yours come true.
PUBLISHERS WEEKLY
Investment guru Leeb, former editor of Personal Finance and a media commentator, reaffirms his earlier predictions, in The Coming Economic Collapse and The Oil Factor, that "the world is headed for a train wreck centered on pending massive shortages" of resources and commodities, especially oil. Though financial institutions now take center stage, Leeb asserts that the "vicious circles" he describes underlie those problems, and will only get worse as oil becomes scarcer (the Peak Oil theory, that "oil will never again be as plentiful and cheap" as it was). Another problem is increasing demand from emerging economies like China and India, and the inability of alternative energy to keep up-as they depend on yet more scarce commodities (solar cells use rare tellurium, wind mills require steel, etc.). Leeb declares gold the "most essential asset to invest in," with defense stocks a close second (in anticipation of coming resource wars), but his sobering perspective is tempered by a conclusion that "our challenge" in the coming crisis is "more sociological than economic," and that a soft landing for the U.S. could mean a simpler, "more productive" society and a return to 1950s-style prosperity.