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Boomerang: Travels in the New Third World by [Michael Lewis]
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Boomerang: Travels in the New Third World Kindle Edition

4.4 out of 5 stars 1,414 ratings

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Length: 165 pages Word Wise: Enabled Enhanced Typesetting: Enabled
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Editorial Reviews

Review

Michael Lewis possesses the rare storyteller s ability to make virtually any subject both lucid and compelling. In his new book, Boomerang, he actually makes topics like European sovereign debt, the International Monetary Fund and the European Central Bank not only comprehensible but also fascinating The book could not be more timely given the worries about Europe s deepening debt crisis and the recent warning issued by Christine Lagarde, managing director of the I.M.F., that 'the current economic situation is entering a dangerous phase.' Combining his easy familiarity with finance and the talents of a travel writer, Mr. Lewis sets off in these pages to give the reader a guided tour through some of the disparate places hard hit by the fiscal tsunami of 2008, like Greece, Iceland and Ireland, tracing how very different people for very different reasons gorged on the cheap credit available in the prelude to that disaster. The book based on articles Mr. Lewis wrote for Vanity Fair magazine is a companion piece of sorts to The Big Short: Inside the Doomsday Machine, his bestselling 2010 book about the fiscal crisis. Like that earlier book its focus is narrow. It doesn t aspire to provide a broad overview of the debt crisis but instead hands the reader a small but sparkling prism by which to view the problem, this time from a global perspective. At times Mr. Lewis can sound a lot like Evelyn Waugh: shrewd, observant and savagely judgmental, dispensing crude generalizations about other countries, even as he pokes fun at himself as a disaster tourist. Mr. Lewis s ability to find people who can see what is obvious to others only in retrospect or who somehow embody something larger going on in the financial world is uncanny. And in this book he weaves their stories into a sharp-edged narrative that leaves readers with a visceral understanding of the fiscal recklessness that lies behind today s headlines about Europe s growing debt problems and the risk of contagion they now pose to the world. "

Michael Lewis possesses the rare storyteller 's ability to make virtually any subject both lucid and compelling. In his new book, Boomerang, he actually makes topics like European sovereign debt, the International Monetary Fund and the European Central Bank not only comprehensible but also fascinating The book could not be more timely given the worries about Europe 's deepening debt crisis and the recent warning issued by Christine Lagarde, managing director of the I.M.F., that 'the current economic situation is entering a dangerous phase.' Combining his easy familiarity with finance and the talents of a travel writer, Mr. Lewis sets off in these pages to give the reader a guided tour through some of the disparate places hard hit by the fiscal tsunami of 2008, like Greece, Iceland and Ireland, tracing how very different people for very different reasons gorged on the cheap credit available in the prelude to that disaster. The book based on articles Mr. Lewis wrote for Vanity Fair magazine is a companion piece of sorts to The Big Short: Inside the Doomsday Machine, his bestselling 2010 book about the fiscal crisis. Like that earlier book its focus is narrow. It doesn t aspire to provide a broad overview of the debt crisis but instead hands the reader a small but sparkling prism by which to view the problem, this time from a global perspective. At times Mr. Lewis can sound a lot like Evelyn Waugh: shrewd, observant and savagely judgmental, dispensing crude generalizations about other countries, even as he pokes fun at himself as a disaster tourist. Mr. Lewis 's ability to find people who can see what is obvious to others only in retrospect or who somehow embody something larger going on in the financial world is uncanny. And in this book he weaves their stories into a sharp-edged narrative that leaves readers with a visceral understanding of the fiscal recklessness that lies behind today 's headlines about Europe 's growing debt problems and the risk of contagion they --This text refers to the hardcover edition.

About the Author

Michael Lewis is the best-selling author of Liar’s Poker, Moneyball, The Blind Side, The Big Short, and The Undoing Project. He lives in Berkeley, California, with his wife and three children. --This text refers to the hardcover edition.

Product details

  • File size : 1334 KB
  • Publisher : W. W. Norton & Company; Reprint edition (September 28, 2011)
  • Language: : English
  • ASIN : B005CRQ2OE
  • Print length : 165 pages
  • Word Wise : Enabled
  • Publication date : September 28, 2011
  • Text-to-Speech : Enabled
  • Enhanced typesetting : Enabled
  • Screen Reader : Supported
  • X-Ray : Enabled
  • Lending : Not Enabled
  • Customer Reviews:
    4.4 out of 5 stars 1,414 ratings

Customer reviews

4.4 out of 5 stars
4.4 out of 5
1,414 global ratings
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Top reviews from the United States

Reviewed in the United States on February 25, 2019
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41 people found this helpful
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Reviewed in the United States on May 8, 2017
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44 people found this helpful
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Reviewed in the United States on September 27, 2014
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Top reviews from other countries

Russell
5.0 out of 5 stars Great book
Reviewed in the United Kingdom on March 15, 2019
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West Corkman
4.0 out of 5 stars Four Stars
Reviewed in the United Kingdom on March 14, 2017
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NinjaReader
4.0 out of 5 stars interesting story about countries that crashed in the wake of 2008 real estate bubble
Reviewed in Brazil on October 29, 2017
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Nordmann
3.0 out of 5 stars An American Point of View
Reviewed in Canada on November 3, 2012
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4 people found this helpful
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DwayneMilley
5.0 out of 5 stars You should read this
Reviewed in Canada on August 5, 2017
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One person found this helpful
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