Boomerang: Travels in the New Third World
The tsunami of cheap credit that rolled across the planet between 2002 and 2008 was more than a simple financial phenomenon: it was temptation. Lewis turns a merciless eye on the world and the U.S. to expose a financial trap baited with humor and reckoning.
| Quantity | Price | Discount |
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| List Price | $16.95 | |
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Book Information
| Publisher: | W. W. Norton & Company |
|---|---|
| Publish Date: | 09/04/2012 |
| Pages: | 240 |
| ISBN-13: | 9780393343441 |
| ISBN-10: | 0393343448 |
| Language: | English |
Full Description
Icelanders wanted to stop fishing and become investment bankers. The Greeks wanted to turn their country into a pinata stuffed with cash and allow as many citizens as possible to take a whack at it. The Germans wanted to be even more German; the Irish wanted to stop being Irish.
Michael Lewis's investigation of bubbles beyond our shores is so brilliantly, sadly hilarious that it leads the American reader to a comfortable complacency: oh, those foolish foreigners. But when he turns a merciless eye on California and Washington, DC, we see that the narrative is a trap baited with humor, and we understand the reckoning that awaits the greatest and greediest of debtor nations.
