The committee to destroy the world inside the plot to unleash a super crash on the global economy

An 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 wo...

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Detalles Bibliográficos
Otros Autores: Lewitt, Michael, author (author)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Hoboken, New Jersey : Wiley [2016]
Edición:2nd edition
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009629974006719
Tabla de Contenidos:
  • Intro
  • The Committee to Destroy the World
  • Contents
  • Acknowledgments
  • INTRODUCTION The Committee to Destroy the World
  • A Regulatory Theocracy
  • A Crisis Wasted
  • The Death of Fiscal Policy
  • Monetary Policy Follies
  • The Failures of the Fed
  • The European Monetary Experiment
  • Out-of-Control Global Debt
  • Untamed Derivatives
  • Market Corruption
  • The Geopolitics of Appeasement
  • Iran
  • ISIS
  • Russia
  • Syria
  • China
  • The Obama Doctrine
  • We Are On an Unsustainable Economic Path
  • America Must Make a Choice
  • A Few Words about This Book
  • Chapter 1 The 2008 Crisis-Tragedy or Farce?
  • The Death of Capital
  • Seeds of Instability
  • A Word on Speculation
  • Financialization
  • The Corruption of Moral Sentiments
  • Low Rates and Lax Rules
  • The Global Liquidity Bubble
  • A Crisis of Confidence
  • Why Finance Matters
  • Global Threats Require Systemic Stability
  • Chapter 2 The Death of Capital
  • The Four Essential Characteristics of Capital
  • Capital Is a Process
  • Capital Constantly Changes Form
  • Capital Is a Human Construct
  • Capital Is Unstable
  • How Capital Dies
  • Capital Is Misunderstood
  • The Failure of Risk Management
  • Chapter 3 Capital Ideas
  • Adam Smith and the Tyranny of Crowds
  • The Fallacy of Composition
  • Karl Marx and the Origins of Opacity
  • Capital Is a Process, Not a Thing
  • Our Fetish about Money
  • The Instability of Value
  • John Maynard Keynes
  • Hyman Minsky
  • Lessons on Capital from the Masters
  • Chapter 4 Empty Promises
  • Promises Aren't What They Used to Be
  • The Digitalization of Promises
  • Collateralized Mortgage Obligations
  • HSBC Drinks the Mortgage Kool-Aid
  • A Fetish Is Not a Promise
  • Chapter 5 Financialization
  • Money Begetting Money
  • Power Begetting Power
  • Theories of Financialization
  • The Monetization of Values
  • Chapter 6 From Innovators to Undertakers.
  • The History of Private Equity Funds
  • From Boom to Bust
  • Private Equity Fees: The New Agency Problem
  • The Myth of Private Equity Returns
  • Men Behaving Badly
  • Private Equity and Cheap Debt: Birds of a Feather Flop Together
  • Private Equity Goes Public: A Study in the Oxymoronic
  • Taxing Labor as Capital
  • Calling Dr. Kevorkian?
  • Private Equity: The Damage Done
  • Reform of Private Equity Firms
  • Registration as Investment Advisers
  • Fee Reform
  • Chapter 7 Welcome to Jurassic Park
  • Isla Nublar
  • The New DNA of Finance
  • Warning Signs
  • Dinosaurs Turn on Their Makers
  • Bear Stearns: First Casualty
  • American International Group (AIG)-Second Casualty
  • The Bond Insurers-Third Casualty
  • Taming the Beasts (Regulating Credit Derivatives)
  • Listing Credit Derivatives on an Exchange
  • Counterparty Surveillance
  • Increasing Collateral Requirements
  • Chapter 8 The Road to Hell
  • Satan in the Garden
  • Reverse Black Swans
  • Birth of the Prudent Man
  • The Fallacy of Diversification
  • Chapter 9 Finance after Armageddon
  • Obama Goes to Wall Street
  • Principles of Reform
  • Impose a Tax on Speculation
  • End Balkanized Regulation
  • Too Big to Fail
  • Improving Capital Adequacy
  • Limiting Banks' Balance Sheet Leverage
  • Compensation Reform
  • Reforming Monetary Policy
  • Enhancing Systemic Transparency
  • Ban Structured Investment Vehicles
  • Prohibit Dark Pools and High-Frequency Trading
  • Chapter 10 Unfinished Business
  • Monetary Policy
  • Fiscal Policy and the Federal Deficit
  • Entitlements
  • End Corporate Welfare
  • Military Spending
  • Tax Reform
  • Domestic Policy
  • Chapter 11 How to Save Yourself
  • Gold
  • Absolute Return Strategies
  • Equities
  • Income‐Generating Securities
  • Conclusion
  • Conclusion: "This Is Later"
  • Notes
  • Bibliography and Other Sources
  • About the Author
  • Index
  • EULA.