Boomerang : Travels in the New Third World

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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.

  • Goodreads Choice Award Nominee for Nonfiction (2011)
Note: 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.

Boomerang : Travels in the New Third World

Regular price ₱545.40
Unit price
per
ISBN: 9780393343441
Authors: Michael Lewis
Date of Publication: 2012-09-04
Format: Paperback
Related Collections: Business, History, Politics, Economics, Travel
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.
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Similar Reads

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.

  • Goodreads Choice Award Nominee for Nonfiction (2011)
Note: 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.