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 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.
U.S. budget crisis is a test of character Florida Times-Union From "Boomerang: Travels in the New Third World" by Michael Lewis. - "When you borrow a lot of money to create a false prosperity, you import the future into the present." - "Where waste ends and theft begins almost doesn't matter, the one masks and ... |
In the Picture: Greece and the eurozone crisis FT.com (blog) You can also read a VF Q&A with him from August last year here and the FT and New York Times reviews of his book Boomerang: Travels in the New Third World here and here. “Who has just reappeared? That Gollum of Europe, Greece.” This Macro-Man blog post ... |
HULIQ | CNBC's 'Squawk Box' ratings dip without Mark Haines HULIQ Their plans for this week include featuring Bryan Burrough author of "Barbarians at the Gate: The Fall of RJR Nabisco", Sir Richard Branson and his tome, "Screw Business as Usual," as well as Michael Lewis for "Boomerang: Travels in the New Third World ... and more » |
Cartea despre criză... Jurnalul Naţional Este autorul a douăsprezece cărţi, majoritatea dintre ele figurând pe lista de bestseller a NY Times, cum ar fi: Boomerang: Travels in the New Third World (2011), Moneyball (2011), Liar's Poker (2010), Panic: The Story of Modern Financial Insanity ... |
iefimerida | Φθηνότερο να ταξιδεύεις με ταξί παρά με τρένο στην Ελλάδα! iefimerida Στο συμπέρασμα αυτό κατέληξε ο συγγραφέας Μάικλ Λιούις στο βιβλίο του «Boomerang: Travels in the New Third World» (ναι, όταν λέει «New Third World» αναφέρεται και στην Ελλάδα), o οποίος είναι γνωστός στο ευρύ κοινό από το βιβλίο του «Moneyball: The art ... |
