Financial crisis unravelled in a global voyage.
Boomerang: Travels in the New Third World is an insightful, funny, and sobering look at the global financial crisis of 2008 and its aftermath. Michael Lewis takes the reader on a journey across the world, from Iceland to Greece to Ireland and back to the United States, to show how the excesses of the boom years led to the inevitable bust. His unique ability to translate complicated financial concepts into breezy, engaging prose makes this book a must-read for anyone who wants to understand how the world economy operates.
ISBN: 9780393343441
Authors:
Michael Lewis
Publisher: W. W. Norton & Company
Date of Publication: 2012-09-04
Format: Paperback
Goodreads rating: 3.9
(rated by 45509 readers)
Description
The tsunami of cheap credit that rolled across the planet between 2002 and 2008 was more than a simple financial phenomenon: it was temptation, offering entire societies the chance to reveal aspects of their characters they could not normally afford to indulge.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.
Condition guide
Book Condition Guide
Books in Like New Condition
This book may contain very minor cosmetic defects, but it is in pristine condition. There should be no yellowing, no foxing, no water damage, and no annotations of any kind on the cover and the pages. For paperbacks, there should not be any crease marks on the spine. This book is good as new — lucky you!
*Books may be missing bundle media (e.g. CD, e-book code), if included.
Books in Very Good Condition
This book has been used, but it is still in a clean condition. There should be no foxing or annotations of any kind on the inner pages, but a sparse amount may be present on the cover, title pages, or outside edges of the book. There should be no water damage of any kind. For paperbacks, there may be light crease marks on the spine.
*Books may be missing bundle media (e.g. CD, e-book code), if included.
Books in Good Condition
We do our best to ensure the quality of our books, but there is no escaping the wear and tear that comes with time. Slight foxing and some annotations may be present on the pages and the cover. There should be no water damage of any kind. For paperbacks, there may be several crease marks on the spine.
*Books may be missing bundle media (e.g. CD, e-book code), if included.
Books in Well Read Condition
This is a well-read book, which means that the previous owner probably really enjoyed it! The cover and pages may include moderate foxing and annotations, but the text is not obscured and still readable. Moderate cosmetic defects and minor water damage may be present on the edges of the book. For paperbacks, there may be multiple crease marks on the spine.
*Books may be missing bundle media (e.g. CD, e-book code), if included.
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Financial crisis unravelled in a global voyage.
Boomerang: Travels in the New Third World is an insightful, funny, and sobering look at the global financial crisis of 2008 and its aftermath. Michael Lewis takes the reader on a journey across the world, from Iceland to Greece to Ireland and back to the United States, to show how the excesses of the boom years led to the inevitable bust. His unique ability to translate complicated financial concepts into breezy, engaging prose makes this book a must-read for anyone who wants to understand how the world economy operates.
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