Boomerang

More about Boomerang
Just finished reading “Boomerang” by Michael Lewis. He’s written several books on topics related to finance. This is sort of a sequel to “The Big Short” and deals for the most part with how the Great Recession has affected Iceland, Greece, Germany and California. As always, it’s a very entertaining and fast paced read, and Lewis imparts a basic understanding of the financial problems faced by each country. On the down side, his relentless use of national stereotypes does make you wonder if he’s really gotten to the root of the problems – his correlation of the causes of the problems faced by each country with its “national character” seems somewhat superficial. Still, it’s a good read and I recommend it.

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