The tsunami of cheap credit that rolled across the planet between 2002 and 2008 was more than a simple financial phenomenon: it was temptation.
Lewis turns a merciless eye on the world and the U.
to expose a financial trap baited with humor and reckoning.
Icelanders wanted to stop fishing and become investment bankers.
The Greeks wanted to turn their country into a pinata 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.
Michael Lewiss investigation of bubbles beyond our shores is so brilliantly, 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, DC, 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.
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