En 1990, Tom Whidden et Michael Levitt publiaient la première édition de L'Art et la Science des Voiles (éd.St Martin's Press).
Vingt-six ans plus tard, les auteurs rééditent une deuxième version de cet ouvrage (éd.
North Sails, LLC) avec un contenu enrichi et totalement mis à jour, qui met en avant les nouvelles technologies dans l'industrie de la voilerie ainsi que les méthodes modernes de navigation.
L'ouvrage débute par l'histoire moderne de la voilerie et retrace le parcours de deux grandes personnalités et leaders de leur secteur : Ted Hood et Lowell North, respectivement l'Artiste et le Scientifique.
Puis les auteurs se penchent sur la circulation, sur les techniques de mise en oeuvre des matériaux dans le processus de fabrication des voiles, et enfin sur les principes de navigation et de réglage des voiles.
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 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, 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.
This chapter from The Death of Capital is a call for change that discusses projects and initiatives to rejuvenate the economy and provide a basis for sustained growth. We have developed a regulatory system that does exactly the opposite of what it should be doing-favors speculation over production; obscurity over transparency. This chapter addreses hot-button topics including: How to Improve Capital Adequacy Executive Compensation Reform Modern Monetary Policy and Regulation Enhancing Financial Transparency Solutions for Credit Default Swaps, Derivative, and Structured Investment Vehicles