BOOMERANG: Travels In the New Third World

Editorial Review - Kirkus - Jane Doe

A world tour of nations that have collapsed financially or that played a role in the collapse of others.In his previous book, The Big Short (2010), Lewis dug deep into the housing-market failure that precipitated the economic collapse of 2007-08. Here the author tours Iceland, Greece, Ireland, Germany and California to compose a broader picture of what went wrong. Like Lewis' other bestsellers ... Read full review

Review: Boomerang: Travels in the New Third World

Editorial Review -

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. Read full review

User reviews

Review: Boomerang: Travels in the New Third World

User Review  - Neil Pierson - Goodreads

The recipe for a financial debacle is: Ignorance + arrogance + greed. Then, like fine cuisine, each nation adds a little something special. According to Michael Lewis, Iceland's contribution was ... Read full review

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