Boomerang: Travels in the New Third World
| Author | : | |
| Rating | : | 4.76 (929 Votes) |
| Asin | : | B005RTVAIU |
| Format Type | : | |
| Number of Pages | : | 304 Pages |
| Publish Date | : | 2014-01-26 |
| Language | : | English |
DESCRIPTION:
Lewis's investigation of bubbles beyond our shores is so brilliantly, sadly hilarious that it leads the American listener to a comfortable complacency: Oh, those foolish foreigners. 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. But when Lewis 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.. The trademark of Michael Lewis's best sellers is to tell an important and complex story through characters so outsized and outrageously weird that you'd think they have to be invented. From the #1 New York Times best-selling author of The Big Short, Liar's Poker and The Blind Side
"The Financial Crisis Moves From the Private Sector to the Public Sector." according to AdamSmythe. I admit to being a fan of Michael Lewis' books, so take that into consideration as you read this review. Lewis earned a masters degree in economics from the London School of Economics and went to work as a bond trader for Salomon Brothers before its scandals. His education and investment experience qualified him to write "Liar's Poker" in 1989, though I have no idea what qualified him to write such an entertaining and lucid description of t. A Look into 5 Nation's Unique Psychological make-up and how each Contributed to the Economic Bust in Each Nation Yoda Any review of this book would have to start by pointing out that this book is not a new original work. It is, instead, a compilation of previously published essays that can be found in a variety of periodicals (i.e., The Atlantic, etc.). That being said and gotten out of the way, it should also be noted that this book is not an examination of economic factors contributing to the economic bust of 2007-2008 in each of the nations discussed. T. What Goes Around, Comes Around Some criticize Lewis and this book for being a rehash of previously published material. Since I hadn't read any material that might have been published earlier, I didn't bring that context when reading this book and to my assessment -- it was all fresh material for me. Like other works by Lewis that I've read, I was absorbed from page 1. In spite of a few pages that didn't work for me(particularly in the section on Germany and his theory on