Boomerang

 

 

 

 ”Boomerang : the meltdown tour” by Michael Lewis (2011)

Markos has worked as a qualified baker most of his working life in Athens. Yet here he is standing in the line of a soup kitchen. If you asked Markos five years ago if he would now be destitute and standing in this line, he would have laughed at the suggestion.

Greece today is one of many countries in financial difficulty, e.g. Ireland Italy, Spain, France, Hungary, Portugal and New Zealand. The global financial crisis translates into individual and family financial hardship for millions in countries around the world.

Michael Lewis explains in “Boomerang, the Financial Meltdown”, what is taking place in an informative, instructive and entertaining way. He travels to Iceland, Ireland, Greece, Germany and the United States as a financial disaster tourist to get a high and low view of how each culture is meeting the crisis at hand.

His insightful, non-technical, clever, and humorous appreciation of the situation means the 220+ pages are quickly covered and the reader is left with the question, what about New Zealand? We have borrowed more money to escape the cost of our sovereign and personal debts to date, but the piper will come calling here one day, too. Suggest you start with this book as preparation for what you personally need to do.

Daniel Crossen

To reserve this item please contact your local library or email info@hurunuilibraries.govt.nz