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Boomerang – Travels in the New Third World

Autor Michael Lewis
en Limba Engleză Paperback – 23 aug 2012
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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Specificații

ISBN-13: 9780393343441
ISBN-10: 0393343448
Pagini: 240
Dimensiuni: 172 x 208 x 15 mm
Greutate: 0.2 kg
Ediția:Revised edition. Trade Edition.
Editura: W. W. Norton & Company

Descriere

In "Boomerang" Michael Lewis, the international bestselling author of "The Big Short", "Liars' Poker", "The Blind Side" and "Moneyball", turns his trademark wit to the subject of 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. In this hilarious, fascinating, timely must-read, Michael Lewis reveals the true natures of the countries caught up in - and exacerbating - our boomerang economies.