Tag Archives: US economy

The Coming Economic Collapse

the coming economic collaspe by Theodore Sheldon SumrallIn his book “THE COMING ECONOMIC COLLAPSE”, Dr. Stephen Leeb predicted that the U.S. economy was standing on the brink of the biggest crisis in its history (which is now here). As the fast-growing economies of China and India pushed global demand for oil beyond production capacity, Americans experienced an energy shortfall far worse than the one in the 1970s. The result has been severe financial hardship for most people and the concept of “Trickle Up Poverty” has been realized.

Theodore Sheldon Sumrall is the Owner, President and Chief Scientist of Institute for Energy Independence.