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Boomerang: Travels In The New Third World
Boomerang: Travels In The New Third World
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Icelanders wanted to stop fishing and become investment bankers. The Greeks wanted to turn their country into a piñata 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.
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A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
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One Line Summary
Explores global financial crises and cultural distortions.
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Who is this book for?
If you're interested in understanding how collective societal aspirations and follies fuel financial bubbles worldwide, this book offers sharp insights. Michael Lewis's engaging storytelling illuminates the absurdities and perils of modern economic behaviors, making complex issues both accessible and compelling.