Boomerang

Having made the US financial crisis comprehensible for us all in The Big Short Michael Lewis realised that he hadnt begun to get grips with the full story How exactly had it come to hit the rest of the world in the face too Just how broke are we reallyBoomerang is a tragi-comic romp across Europe in which Lewis gives full vent to his storytelling genius The 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 indulgeIcelanders 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 The Irish wanted to stop being Irish The Germans wanted to be even more German Michael Lewiss investigation of bubbles across Europe is brilliantly sadly hilarious He also turns a merciless eye on America on California the epicentre of world consumption where we see that a final reckoning awaits the most avaricious of nations tooThis is the ultimate book of our times Its time to brace ourselves for impact And with Michael Lewis to laugh out loud while were doing it 240 pp.