EAN: 9780393343441

BOOMERANG - MICHAEL LEWIS KARTONIERT (TB)

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.

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