Karllit's Reviews > Boomerang: Travels in the New Third World

Boomerang by Michael Lewis
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Dec 14, 11

Read in December, 2011

Another great, character-driven narrative from Lewis.

His first chapter (my favorite) walks you through the steps of Iceland's collapse, cross-analyzing the nation's people with its recent financial habits and gleaning what it means to the rest of the world.
After that, he jumps to Greece, where the ambivalent narrative becomes abstracted into the reason few fiction fans jump into books on economics: because it's all Greek to us.
Lewis' analysis of the Irish, German, and later Californian faults amid the 2008 financial bust are topped with a long narrative about his morning biking next to former governator Ahrnold! Apart from it being a nice character drawing of the power-house political celebrity, it does little to wrap up his book.

Thanks to reading it, I understand what HAPPENED in the past four years to make the world's economy so debt-delving, I'm just still itching to why what will come of it. Great people descriptions pepper the abstract economist lexicon that separates the know-nots from the Wall Street Hope-They-Knows.
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