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Red Alert: How China's Growing Prosperity Threatens the American Way of Life
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Red Alert: How China's Growing Prosperity Threatens the American Way of Life

3.84 of 5 stars 3.84  ·  rating details  ·  37 ratings  ·  8 reviews
"I would caution readers to dismiss Stephen Leeb's warnings only at their peril."
-Thomas Kaplan, chairman, Tigris Financial Group

The American Dream is close to being replaced by a living nightmare:

Key commodities that are essential to our daily lives and that are widely believed to be abundant are running critically short. Even worse, the Chinese are doing what they can
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Published October 19th 2011 by Business Plus (first published January 1st 2011)
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The 2009 stimulus package was bad not because it increased debt but because it did not create investment in new growth industries.
If the US econ is to have a bright future we need to invest right away in new industries that address our most pressing problem of resource scarcity. And we can't allow the jobs that result from this investment to be offshored to foreign countries where land & labor cost are lower. As we have seen repeatedly during the last 30 years with China, the consequences w
America is in a race with China that will go a long way toward determining our future quality of life. Few Americans know that this race is underway.

World supplies are growing very tight of certain key minerals (sometimes called strategic minerals) that are absolutely vital for the smooth running of a 21st century economy. Names like neodymium, europium, indium and niobium may sound very boring, but you can't run a high-tech economy without them. China has spent years, and a lot of money around
Carlos Xavier
Very compelling book into things I can't control anything about. Still very interesting about what kind of future we are working our way into. And how China is going to kick all of our asses... Better start learning mandarin, punk.
Tan Ray
This book is mainly talking about the steps China has take to obtain precious metal resources for future renewable energy usage. According to the author Stephen Leeb, the officials in China thinks far ahead, and in this case, the officials felt that non-renewable energies like oil and natural gas will be scarce, thus there is a need to build up future renewable energies like solar power, hydroelectric power and most importantly, wind energy. It also critic the administration style of the Chinese ...more
Kai Mantsch
I'm a little biased, because this book confirms my own beliefs about what China is doing and doing well. If nothing else, I think more people need to be aware of fact that we can't build renewable energy producing equipment without what's left of the dino bones, and whoever gets to those resources first will be the one to have power (electric) for the future. If you haven't built your renewable infrastructure by then - it's time to practice flint knapping.
Yousef Hani
The American Dream is close to being replaced by a living nightmare!

It's a scary book as it predicts a very gloomy future where everything is in the hands of the Chinese!

It scientifically states that it's just a matter of time that the Chinese will control everything in this world, economically, politically & socially.
Fernando Perez
Muy repetitivo con la idea y no veo si propondrá una solución o plan de acción esperado, me aburrió
Sustained growth cannot come from consumer buying, but creation of new efficiencies.perfectly summarizes the book, what China is all about.
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Based in NYC, Stephen Leeb is one of the nation's leading experts on finances and Wall Street Trends.
More about Stephen Leeb...
The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel The Oil Factor: Protect Yourself and Profit from the Coming Energy Crisis Game Over: How the Collapsing Economy Will Sink Your Wealth by 50% or More -- Unless You Know What to Do Defying the Market: Profiting in the Turbulent Post-Technology Market Boom Market Timing For The Nineties: The Five Key Signals For When To Buy, Hold, And Sell

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