Tuesday, January 19, 2021

RED ALERT

How China’s Growing Prosperity Threatens the American Way of Life

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

Red Alert is a provocative and frightening look at the growing political, economic, and social power of China and the threat that nation poses to the Western world. It lays out how the Chinese are strategizing to overtake the United States as the world’s premier economic power-and details how our failure to respond quickly will result in a permanently lower standard of living for Americans. Peppered with startling statistics, charts, and evidence of how China continues to expand its economic reach, Red Alert is both controversial and powerful in its scope. New York Times Best Seller (2011)

brief description

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 to monopolize the world’s dwindling resources.

The U.S. is now largely dependent on our greatest economic rival for rare earth elements as well as a host of other minerals-all of which are absolutely essential to the development of alternative energies and are critically important for our defense industry, computers, cell phones, and other electronic devices. While America has been fighting wars in Iraq and Afghanistan, China has focused its substantial muscle on securing vital commodities from these and other lands to upgrade its infrastructure and industrial strength to meet the resource challenge head-on.

China has wrapped itself in the green flag of combating climate change while systematically discouraging other nations from adopting similar policies in a bid to gain time to achieve its plans.

AUTHOR…INVESTMENT ADVISER…MONEY MANAGER

Stephen Leeb is a prolific author, investment adviser, and money manager who has been analyzing financial markets for more than 40 years. He is known for his prescience in connecting the dots among hidden or overlooked trends - macroeconomic, scientific, and geopolitical – and accurately describing the investment implications, often going against the conventional wisdom. He is the author of nine books on investing and geopolitical trends including his most recent book, China’s Rise and the New Age of Gold: How Investors Can Profit from a Changing World (2020, McGraw-Hill Education). He is founder and editor of the award-winning investment letter The Complete Investor, published by Capitol Information Group, a Washington, D.C.-based financial publisher. Stephen is chief investment officer of his own wealth management firm based in New York City.