Boomerang: Travels In The New Third World

by Michael Lewis

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Boomerang: Travels In The New Third World

Synopsis

The tsunami of cheap credit that rolled across the planet between 2002 and 2008 was more than a 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 piata 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.