Global Economy Super Crash: Inside the Plot

An Updated Examination of What's Weakening the U.S. Economy, and How to Fix It

In his book "The Committee to Destroy the World: Inside the Plot to Unleash a Super Crash on the Global Economy," Michael Lewitt, a respected Wall Street market strategist and money manager, provides a passionate and informed analysis of the struggling global economy. In this masterfully conceived and executed work, Lewitt 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, leaving investors to pay a huge price for these policy failures. This has resulted in the highest asset inflation seen in our lifetimes, although the government claims there isn't enough inflation. Additionally, more than $2 trillion of stock buybacks have been funded with low-cost debt, artificially inflating stock prices. The Federal Reserve and other global central banks have become the largest buyers of government debt in order to suppress interest rates, and an M&A boom has resulted from companies needing to find growth outside of their core businesses.

While the financial media misses the story, Lewitt pulls no punches in explaining how all of these trends are leading to the brink of another crisis. He lays out a survival plan for the average investor to protect their assets when the debt bubble bursts. The first edition of this book expressed hope that policymakers would not let the financial crisis go to waste. This book, however, urges investors to learn from the crushed hope and take action before the next crisis.

Lewitt's analysis is both timely and critical. As the global economy continues to struggle, his insights provide a valuable perspective on the underlying issues and potential solutions. By adjusting the language and structure of the original text, this revised version aims to enhance the reading experience and make the key points more accessible to a wide audience.

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