Boomerang - Michael Lewis

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[amazonsearch]Boomerang[/amazonsearch]

 

This is mostly Michael Lewis' take on the events in Europe, but includes Iceland. It is a rehash of several of Lewis' published Vanity Fair articles. Having read widely on the Europe situation myself, and even having read a couple of the Vanity Fair articles previously, I still found this book hard to put down. Lewis has the knack for allowing his insight to guide the narrative to the place that is most revealing of the situation at hand. And it is fairly hilarious in spots despite the grim subject matter.

 

There is a chapter for each of Greece, Ireland and Germany. The author does well at getting at the pithy core of each country's woes / current situation and the crucial elements of the path that led them.

 

A quote that occurs to me (on the Greek citizenry): "It behaves as a collection of atomized particles, each of which has grown accustomed to pursuing its own interests at the expense of the common good".

 

[Myth465]

[amazonsearch]Boomerang[/amazonsearch]

 

A quote that occurs to me (on the Greek citizenry): "It behaves as a collection of atomized particles, each of which has grown accustomed to pursuing its own interests at the expense of the common good".

 

Sounds like the US these days...

[netnet]

It was an interesting quick read. It was not particularly insightful and was inaccurate in places--understandable as he calls himself a financial disaster tourist.

[ubuy2wron]

Almost anything by Michael Lewis is worth reading. I am sure his grocery shopping lists are riveting and entertaining

[SmallCap]

I found the book fun to read and while I didn't take it very serious It did bring up some interesting points to consider. I found the section on The US municipalities interesting food for thought.

 

Has anyone read this article on states in a Death Spiral based on their ratio of makers to takers?

 

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