Boomerang: The Meltdown Tour

Front Cover
Allen Lane, 2011 - Europe - 213 pages
2 Reviews

Having made the U.S. financial crisis comprehensible for us all in The Big Short, Michael Lewis realised that he hadn't begun to get grips with the full story. How exactly had it come to hit the rest of the world in the face too? Just how broke are we really?

Boomerangis a tragi-comic romp across Europe, in which Lewis gives full vent to his storytelling genius. The 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 pi ata stuffed with cash and allow as many citizens as possible to take a whack. The Irish wanted to stop being Irish. The Germans wanted to be even more German.

Michael Lewis's investigation of bubbles across Europe is brilliantly, sadly hilarious. He also turns a merciless eye on America- on California, the epicentre of world consumption, where we see that a final reckoning awaits the most avaricious of nations too.

This is the ultimate book of our times. It's time to brace ourselves for impact. And, with Michael Lewis, to laugh out loud while we're doing it.

What people are saying - Write a review

BOOMERANG: Travels In the New Third World

User Review  - Jane Doe - Kirkus

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 ... Read full review

boomerang hard dover

User Review  - veekaye - Overstock.com

delivery was about one week slower than other book orders. Read full review

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About the author (2011)

Michael Lewis was born in New Orleans and educated at Princeton University and the London School of Economics. He has written several books including the New York Timesbestsellers Liar's Poker, widely considered the book that defined Wall Street during the 1980s, and The Big Short, 'probably the single best piece of financial journalism ever written' (Reuters). Lewis is contributing writer for The New York Times Magazineand also writes for Vanity Fairand Portfolio Magazine.

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