000			02520cam a2200313 i 4500
999			_c1951 _d1951
001			17682123
003			OSt
005			20220922120948.0
008			130402s2012 nyu 000 0 eng
010			_a 2012532000
020			_a9780393343441 (pbk.)
020			_a9780393081817 (hardcover)
040			_aDLC _beng _cDLC _erda _dMIU_ain
042			_apcc
043			_an-us---
050	0	0	_aHB3717 _b.L49 2011
100	1		_aLewis, Michael _q(Michael M.) _93232
245	1	0	_aBOOMERANG : _bTravels in the New Third World / _cMichael Lewis.
300			_axviii, 217 p. ; _c21 cm
500			_a"With a new afterword" -- Cover.
505	0		_aWall Street on the tundra -- And they invented math -- Ireland's original sin -- The secret lives of Germans -- Too fat to fly.
520			_aAs 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 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 nata 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	_aGlobal Financial Crisis, 2008-2009. _93233
650		0	_aInternational finance. _93234
650		0	_aFinancial crises _zUnited States _xHistory _y21st century. _93235
906			_a7 _bcbc _corigcop _d2 _encip _f20 _gy-gencatlg
942			_2lcc _cBK