Description
Book SynopsisAn updated examination of what''s weakening the U.S. economy, and how to fix it
The Committee to Destroy the World: Inside the Plot to Unleash a Super Crash on the Global Economy is a passionate and informed analysis of the struggling global economy. In this masterfully conceived and executed work, Michael Lewitt, one of Wall Street''s most respected market strategists and money managers, updates his groundbreaking examination of the causes of the 2008 crisis and argues that economic and geopolitical conditions are even more unstable today. His analysis arrives in time for the impending economic and geopolitical debates of the 2016 election season. Lewitt explains in detail how debt has now overrun the world''s capacity, how federal policies of the past few decades have created a downward vortex sapping growth and vitality from the American economy, and how greed and corruption are preventing reform.
The financial crisis created tens of trillions of debt, le
Table of Contents
Acknowledgments xi
Introduction The Committee to Destroy the World 1
Chapter 1 The 2008 Crisis—Tragedy or Farce? 57
Chapter 2 The Death of Capital 93
Chapter 3 Capital Ideas 109
Chapter 4 Empty Promises 145
Chapter 5 Financialization 163
Chapter 6 From Innovators to Undertakers 181
Chapter 7 Welcome to Jurassic Park 225
Chapter 8 The Road to Hell 259
Chapter 9 Finance after Armageddon 277
Chapter 10 Unfi nished Business 317
Chapter 11 How to Save Yourself 339
Conclusion “This Is Later” 359
Notes 367
Bibliography and Other Sources 397
About the Author 405
Index 407
