Game Over: How You Can Prosper in a Shattered Economy

by Stephen Leeb

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 Leeb first tells you just how bad things are by exposing the basic suppositions of our institutions, and how quickly outdated they've become.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.

256 pages, Hardcover

First published January 1, 2009

About the author

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.

Reviews

[Desiree · Rating 4 out of 5]

Lots of gloom and doom here! The author claims that we are running out of commodities, which will make the US dollar fall in relation to currencies of resource rich countries. He claims there isn't even enough iron in the world to build all the wind turbines we would need to switch to alternative energy! Switching our cars to natural gas wouldn't work either as he says natural gas fields tend to get depleted rapidly. We are basking in a false sense of security, while the rug is being pulled out from under us. He claims inflation will rise to between 30 and 40 per cent!

"The single most essential asset to invest in for the next decade is gold." He even advertises his website, so you can keep up with changes....

An interesting take on the subject. I don't think things are quite as bad as he portrays here, at least, I hope not!

[Dee Renee Chesnut · Rating 4 out of 5]

It is time to get our heads out of the Canadian Tar Sands and read this book to promote discussion and cooperation. "Even today, Americans still cling by and large to the optimism born in the postwar period. Yet, while we bask in a false sense of security, the rug is being pulled out from under us."
I read this book at a slow pace, a chapter a day, to give myself time to truly hear the challenges to seven comforting but false assumptions. "These assumptions are:
1. The world contains virtually limitless oil and mineral deposits. If the supply gets tight, we can always find more.
2. Governments and central banks know how to keep inflation under control.
3. Economic growth, perhaps with some occasional small interruptions, is on a perpetual upward track that will bring greater prosperity to all the world's inhabitants.
4. America's wealth is based on enduring advantages--including free enterprise and Yankee ingenuity--that will ensure we will always have the top spot in the global pecking order.
5. The national debt is no problem because economic growth will be so strong that we can pay it off...someday.
6. Technology can solve all our long-term problems. It's just a matter of putting more money into research.
7. Meanwhile, we can easily cope with any short-term emergencies. If we need new infrastructure, we'll build it. When it becomes urgent to switch to alternative energies, we'll turn our attention to it and get the job done. Ditto for reversing the trade deficit, funding government entitlement programs, or anything else. Therefore, too much planning ahead isn't necessary."

[Austin · Rating 4 out of 5]

If I had acted on the other books Leeb wrote when I first read them I would have made money. He called exponential oil prices rises before they happened. I thought "that's nice, we'll see if he's right". He called the economic collapse before it happened. I thought "that's interesting, we'll see if it happens". Needless to say, when I saw this book in (I think) 09 I purchased without hesitation.

It's a fine read. Hasn't necessarily proved accurate yet but I wouldn't be surprised. Generally though, I just found this book to largely be a regurgitation of most of his talking points in his two books immediately preceding this one.

[Mylissa · Rating 2 out of 5]

didn't finish it. I thought this would be an interesting read, since this guy called the recession at least a year before the pundits admitted it, but his basic premise here is that we are running out of all natural resources and the world is going to end. He suggests that we buy gold because it will be the only currency that doesn't fail when things get really bad. In all honesty, I am not sure that he isn't right, but its sort of depressing to think about, and I can't really save the world economy myself so I put it down.

[Edmond · Rating 3 out of 5]

I pretty much skimmed the book. It was more of the age old earth is running out of resources and I don’t buy go buy gold and silver. But there was one chapter that caught my attention where Russia invaded Georgia in 2008 and how now they invaded Ukraine. Goes to show you can’t lose on defense companies.

[Linda · Rating 1 out of 5]

Buy gold and learn to love the simple life.

[Felicia A Sullivan · Rating 3 out of 5]

We're doomed.

[Kyle Ackerman · Rating 5 out of 5]

This book was a really interesting read. It has great in sites into the future political, environmental and economic environments.

[Nick Woodall · Rating 3 out of 5]

I liked this book, especially reading it with Harry Dent, Jr.'s The Great Depression Ahead, but he really engaged in hyperbole, that at times was very scary.