Name: Boomerang
Rating: 3.777777777777778 (27 reviews)
ISBN: 9780393343441

Michael Lewis

“Lewis shows again why he is the leading journalist of his generation.”—Kyle Smith, Forbes

Travels in the New Third World

Boomerang

Nadine 

Hard to believe all that was already 10 years ago. Well written and interesting view on how the last financial crash happened and the hubris surrounding it

Lisa Miller

A follow up to The Big Short: Inside the Doomsday Machine Lewis looks at the financial turmoil that followed the American sub-prime mortgage collapse in the global markets. Iceland, Greece, Ireland, all three of these countries were heading towards a crash regardless of what was happening in the US as all three recklessly borrowed more than they could afford. Germany was scrutinized next as the 'responsible' EU country that would save these countries - yet at the same time invested in the worst of the US subprime mortgage market blindly following rules rather than assessing risk. Finally Lewis returns to the US - at Federal level too big to collapse bit what about at State or City level? I immediately thought of Detroit of course but he focused on California. My goodness - what a mess. How can these economies ever recover?

Les Reynolds

I enjoyed this book. Lewis did a great job of taking a topic that is rather boring, (and that I didn't find interesting) and making the pages turn.

Justin Chill

Eitan Hershkovitz

Michael M. Lewis

Right now, Europe is in serious financial chaos. In Greece, infrastructure costs mean it would be cheaper to transport all Greek rail passengers by taxi, and hairdressing is classified as arduous for tax avoidance purposes. In Iceland, Range Rovers frequently explode as owners collect the insurance to pay for them. Ireland saw the entire country put up for sale - to itself, while the Germans expected the whole world to behave like them. But the whole world didn't. In this hilarious, fascinating, timely must-read, Michael Lewis reveals the true natures of the countries caught up in - and exacerbating - our boomerang economies. 'Chock-full of extraordinary characters, amusing anecdotes and shocking insights' Observer 'A tour de force . . . All those questions you've half-asked yourself- nowhere else will you find them answered with such incisive wit or terrifying clarity' Mail on Sunday'Desperately funny' Daily Telegraph 'Top form' Spectator 'Fascinating' The New York Times 'Hilarious' Irish Independent Review

The Biggest Bust

Gloria Baeuerlein

Bouke van der Bijl

Morgan Holland

The author of The Big Short describes the effect that the bubble of cheap credit readily available to almost anyone between 2002 and 2008 had on countries beside the U.S., including Iceland, Greece and Germany. 200,000 first printing.

Boomerang: Travels in the New Third World

Todd Luallen

Remi

Vikram Sreekanti

Zane Shannon

Alexander Lobov

Amanda K

Evan Huang

'A highly enjoyable exercise in financial disaster tourism... politically incorrect, often very funny, and shot through with genuine insight' Robert Harris, The Times In this hilarious, fascinating, timely must-read, Michael Lewis reveals the true natures of the countries caught up in - and exacerbating - our boomerang economies, showing how the financial meltdown hit us all in the face. Right now, Europe is in serious financial chaos. In Greece, infrastructure costs mean it would be cheaper to transport all Greek rail passengers by taxi, and hairdressing is classified as arduous for tax avoidance purposes. In Iceland, Range Rovers frequently explode as owners collect the insurance to pay for them. Ireland saw the entire country put up for sale - to itself, while the Germans expected the whole world to behave like them. But the whole world didn't. 'Chock-full of extraordinary characters, amusing anecdotes and shocking insights' Observer 'A tour de force... All those questions you've half-asked yourself: nowhere else will you find them answered with such incisive wit or terrifying clarity' Mail on Sunday

Boomerang Travels in the New Third World

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