The Committee to Destroy the World: How to Save Yourselfand Your Moneyfrom the Coming Economic Death Spiral

The financial crisis created tens of trillions of debt, leaving investors to pay a huge price for these policy failures:

• The highest asset inflation we've seen in our lifetimes, although the government claims there isn't enough inflation
• More than $2 trillion of stock buybacks funded with low cost debt that are artificially inflating stock prices
• The Federal Reserve and other global central banks becoming the largest buyers of government debt in order to suppress interest rates
• An M&A boom resulting from companies needing to find growth outside of their core businesses

While the financial media misses the story, Lewitt pulls no punches explaining how all of these trends are leading to the brink of another crisis.

Lewitt 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 urges investors to learn from the crushed hope and take action before the next crisis.

Michael E. Lewitt is widely recognized as one of the top credit strategists in the world. He's been a major player in the money management business for more than 25 years, and his Third Friday Total Return Fund ranks among the best in the hedge fund industry. The Financial Times recognized him as one of the few analysts to correctly predict both the credit crisis of 2001-02 and the financial crisis of 2007-08. Since 2001, Michael's The Credit Strategist newsletter has influenced many of the world's leading investors. He also writes Sure Money and contributes to Money Morning.