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Boomerang travels in the new third world

Explores the causes of the 2008 American financial crisis, and looks at similar situations that have occurred in other parts of the world.

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  • "Boomerang"@en
  • "Boomerang"
  • "Boomerang"@th
  • "Ou Zhou ji jiang lun wei di san shi jie?"
  • "欧洲即将沦为第三世界?"

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description

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  • "As 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 piñata 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."
  • "Explores the causes of the 2008 American financial crisis, and looks at similar situations that have occurred in other parts of the world."@en
  • "Presents the author's darkly humorous investigation of the effects of the 2008 financial bubble on other countries before taking aim at greedy debtors in California and Washington, D.C."@en

genre

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  • "Electronic books"@en
  • "History"
  • "History"@en
  • "Large type books"@en

name

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  • "自食恶果 : 欧洲卽将沦为第三世界"
  • "Zi shi e guo : Ou Zhou ji jiang lun wei di san shi jie?"
  • "Rǣngwīang sathư̄an sētthakit lōk"@th
  • "Boomerang travels in the new third world"@en
  • "<&gt"@th
  • "แรงเหวี่ยงสะเทือนเศรษฐกิจโลก"
  • "BOOMERANG : Travels in the New Third World"
  • "แรงเหี่วยงสะเืทอนเศรษฐิกจโลก"
  • "自食恶果 : 欧洲即将沦为第三世界?"
  • "Boomerang : travels in the new third world"
  • "Boomerang travels in the new Third World"@en
  • "Boomerang : travels in the new Third World"
  • "Boomerang : travels in the new Third World"@en
  • "Zi shi e guo : Ou zhou ji jiang lun wei di san shi jie"
  • "Boomerang : travels in the New Third World"

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