Michael Lewis
Paperback | Pages: 218 pages Rating: 3.9 | 39897 Users | 2321 Reviews
Define Out Of Books Boomerang: Travels in the New Third World
| Title | : | Boomerang: Travels in the New Third World |
| Author | : | Michael Lewis |
| Book Format | : | Paperback |
| Book Edition | : | Deluxe Edition |
| Pages | : | Pages: 218 pages |
| Published | : | September 4th 2012 by W. W. Norton Company (first published October 3rd 2011) |
| Categories | : | Nonfiction. Economics. Business. Finance. History. Politics |
Narrative As Books Boomerang: Travels in the New Third World
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.
Present Books In Pursuance Of Boomerang: Travels in the New Third World
| Original Title: | Boomerang: Travels in the New Third World |
| ISBN: | 0393343448 (ISBN13: 9780393343441) |
| Edition Language: | English URL http://michaellewiswrites.com/index.html#boomerang |
| Literary Awards: | Goodreads Choice Award Nominee for Nonfiction (2011) |
Rating Out Of Books Boomerang: Travels in the New Third World
Ratings: 3.9 From 39897 Users | 2321 ReviewsEvaluation Out Of Books Boomerang: Travels in the New Third World
This is Greed v. 2.0, but more powerful and a lot more punitive. The ripples created by banks and financial institutions were sure to become mammoth waves; institutional meltdown paving way for national meltdown.I wont attempt to write a review, others did it way better. I just write two things: First, a Michael Lewis quote, which makes me look at leverage like never beforeWhen you borrow a lot of money to create a false prosperity, you import the future into the present. It isnt the actualI've read and enjoyed other books from Lewis -- The Big Short, The Blind Side, Moneyball, Liar's Poker -- but this book was a severe disappointment.I think my main complaints can be summarized with three observations: 1) This book seemed rushed, and not in-depth; 2) Lewis has demonstrated the ability to simplify complex situations, but in this book he instead relies on over-simplistic cliches; 3) as opposed to explaining and illuminating, he seems to have an axe to grind -- a biased viewpoint he
This is Greed v. 2.0, but more powerful and a lot more punitive. The ripples created by banks and financial institutions were sure to become mammoth waves; institutional meltdown paving way for national meltdown.I wont attempt to write a review, others did it way better. I just write two things: First, a Michael Lewis quote, which makes me look at leverage like never beforeWhen you borrow a lot of money to create a false prosperity, you import the future into the present. It isnt the actual
I'm not a big reader of newspapers or watcher of the news, mostly as the news these days is reported as quickly as possible with the barest of facts and, for larger issues like the economic troubles of recent years, almost no understanding of the circumstances for context. That's not to say I'm not interested, but I would only be interested in reading about the financial woes of late through a writer who could write, not as an economist or academic, but a true writer, and could make the subject
Who knew it could be so enjoyable reading about the financial crisis, explained with examples from several key areas of the world? Fascinating. Iceland, Greece, Ireland, USA -- these are some of the countries in what he calls the New Third World. We have been undone by our ancient lizard nature of greed, where short term satisfaction overwhelms common sense. Hilarious and sobering all at once.
As a huge Michael Lewis fan, I was a bit disappointed by this book. The concept was neat, but the lack of an overall narrative and the length of the five stories made them somewhat shallow. Even the best of the bunch (the US) won't tell you anything you don't already know.
I read these essays on Iceland, Greece, Ireland, Germany and California when they were first published in 2009/10/11 in Vanity Fair. It is hard re-reading them now again in book form and not think Michael Lewis is a GOD. IF you haven't read these, go to the Library, buy the book. GET off your butt, go to Vanity Fair and start reading his essays: http://www.vanityfair.com/search?quer... After you've read this read The Big Short: Inside the Doomsday Machine, also by Michael Lewis. That is probably
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