BOOMERANG: Travels in the New Third World
(Book)
As Pogo once said, "We have met the enemy and he is us." In this book the author offers a scathing assessment of fiscal blunders in foreign lands, and details how economic repercussions are sure to be felt on American soil. Financial bubbles grew and burst, not only in the U.S. but in countries as diverse as Iceland, Germany, and Greece. Mixing humor with prescient insight, he depicts a precarious situation that demands attention. The tsunami of cheap credit that rolled across the planet between 2002 and2008 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. This investigation of bubbles beyond our shores is so 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, D.C., 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. - Publisher.
Lewis, M. (2012). BOOMERANG: Travels in the New Third World. New York, W.W. NORTON & COMPANY.
Chicago / Turabian - Author Date Citation (style guide)Lewis, Michael. 2012. BOOMERANG: Travels in the New Third World. New York, W.W. NORTON & COMPANY.
Chicago / Turabian - Humanities Citation (style guide)Lewis, Michael, BOOMERANG: Travels in the New Third World. New York, W.W. NORTON & COMPANY, 2012.
MLA Citation (style guide)Lewis, Michael. BOOMERANG: Travels in the New Third World. New York, W.W. NORTON & COMPANY, 2012.
Notes
Record Information
Last Sierra Extract Time | Feb 14, 2024 07:33:34 PM |
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Last File Modification Time | Feb 14, 2024 07:33:59 PM |
Last Grouped Work Modification Time | Mar 22, 2024 08:55:16 PM |
MARC Record
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005 | 20130408081818.0 | ||
008 | 130402s2012 nyu 000 0 eng | ||
010 | |a 2012532000 | ||
020 | |a 9780393343441 : PAP|c $16.95 | ||
020 | |a 0393343448 : PAP|c $16.95 | ||
037 | |b W W Norton & Co Inc, Keystone Industrial Park Attn Mike Charnogursky 800 Keystone Industrial Park, Scranton, PA, USA, 18512|n SAN 202-5795 | ||
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050 | 0 | 0 | |a HB3717 2008|b .L49 2012 |
082 | |a 330.9 | ||
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100 | 1 | |a Lewis, Michael|q (Michael M.) | |
245 | 1 | 0 | |a BOOMERANG :|b Travels in the New Third World /|c Michael Lewis. |
260 | |a New York :|b W.W. NORTON & COMPANY,|c 2012. | ||
300 | |a xviii, 217 pages ;|c 21 cm | ||
336 | |a text|2 rdacontent | ||
337 | |a unmediated|2 rdamedia | ||
338 | |a volume|2 rdacarrier | ||
500 | |a "With a new afterword" -- Cover. | ||
505 | 0 | |a Wall Street on the tundra -- And they invented math -- Ireland's original sin -- The secret lives of Germans -- Too fat to fly. | |
520 | |a As Pogo once said, "We have met the enemy and he is us." In this book the author offers a scathing assessment of fiscal blunders in foreign lands, and details how economic repercussions are sure to be felt on American soil. Financial bubbles grew and burst, not only in the U.S. but in countries as diverse as Iceland, Germany, and Greece. Mixing humor with prescient insight, he depicts a precarious situation that demands attention. The tsunami of cheap credit that rolled across the planet between 2002 and2008 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. This investigation of bubbles beyond our shores is so 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, D.C., 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. - Publisher. | ||
650 | 0 | |a Global Financial Crisis, 2008-2009. | |
650 | 0 | |a International finance. | |
650 | 0 | |a Financial crises|z United States|x History|y 21st century. | |
907 | |a .b41450206 | ||
948 | |a LTI 07/27/2015 | ||
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