We are currently making improvements to the Audible site. In an effort to enhance the accessibility experience for our customers, we have created a page to more easily navigate the new experience, available at the web address www.audible.com/access.
 >   > 
Boomerang: Travels in the New Third World | [Michael Lewis]

Boomerang: Travels in the New Third World

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. 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.
Regular Price:$20.99
  • Membership Details:
    • First book free with 30-day trial
    • $14.95/month thereafter for your choice of 1 new book each month
    • Cancel easily anytime
    • Exchange books you don't like
    • All selected books are yours to keep, even if you cancel
  • - or -

Your Likes make Audible better!

'Likes' are shared on Facebook and Audible.com. We use your 'likes' to improve Audible.com for all our listeners.

You can turn off Audible.com sharing from your Account Details page.

OK

Publisher's Summary

From the #1 New York Times best-selling author of The Big Short, Liar’s Poker and The Blind Side!

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.

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.

The trademark of Michael Lewis’s best sellers is to tell an important and complex story through characters so outsized and outrageously weird that you’d think they have to be invented. (You’d be wrong.) In Boomerang, we meet a brilliant monk who has figured out how to game Greek capitalism to save his failing monastery; a cod fisherman who, with three days’ training, becomes a currency trader for an Icelandic bank; and an Irish real estate developer so outraged by the collapse of his business that he drives across the country to attack the Irish Parliament with his earth-moving equipment.

Lewis’s investigation of bubbles beyond our shores is so brilliantly, sadly hilarious that it leads the American listener to a comfortable complacency: Oh, those foolish foreigners. But when Lewis 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.

©2011 Michael Lewis (P)2011 Simon & Schuster

What the Critics Say

“No one writes with more narrative panache about money and finance than Lewis.” (Michiko Kakutani, New York Times)

What Members Say

Average Customer Rating

4.3 (2139 )
5 star
 (1077)
4 star
 (755)
3 star
 (254)
2 star
 (32)
1 star
 (21)
Overall
4.4 (1775 )
5 star
 (950)
4 star
 (575)
3 star
 (197)
2 star
 (36)
1 star
 (17)
Story
4.4 (1758 )
5 star
 (901)
4 star
 (663)
3 star
 (158)
2 star
 (24)
1 star
 (12)
Performance
Sort by:
  •  
    Wayne Geneva, IL, United States 12-05-11
    Wayne Geneva, IL, United States 12-05-11 Member Since 2015
    HELPFUL VOTES
    1
    ratings
    REVIEWS
    77
    2
    FOLLOWERS
    FOLLOWING
    0
    0
    Overall
    Performance
    Story
    "Good but not his best"

    This was a good listen but but not his best work by far. If this is your first Lewis book try one of his others first. If your a longtime fan why are you even reading this just get the book.

    0 of 0 people found this review helpful
  •  
    XYZ 12-05-11
    XYZ 12-05-11

    ABC

    HELPFUL VOTES
    20
    ratings
    REVIEWS
    1315
    8
    FOLLOWERS
    FOLLOWING
    1
    206
    Overall
    Performance
    Story
    "SIMPLE, CLEAR AND TO THE POINTS....."

    Even when this book covers a range of modern society issues, it manages to stay focus on the main idea and of the book.

    0 of 0 people found this review helpful
  •  
    E. Van Hook New York, NY 12-03-11
    E. Van Hook New York, NY 12-03-11 Member Since 2013
    HELPFUL VOTES
    25
    ratings
    REVIEWS
    64
    6
    FOLLOWERS
    FOLLOWING
    0
    0
    Overall
    Performance
    Story
    "What Michael Lewis Does Best"

    A template for understanding recent financial market shenanigans based on human behavior and human limitations (of intellect, pride, greed). Lewis is always entertaining. Thoroughly enjoyable.

    0 of 0 people found this review helpful
  •  
    Joseph Madison, WI, United States 12-01-11
    Joseph Madison, WI, United States 12-01-11
    HELPFUL VOTES
    1
    ratings
    REVIEWS
    2
    2
    FOLLOWERS
    FOLLOWING
    0
    0
    Overall
    Performance
    Story
    "Didn't want to be a 5 stars across the board guy"

    WOW! This book is informative and poignant.

    He analyzes the behavioral traits of a society using historical and anecdotal evidence and then uses that evidence to explain how those traits related to each countries financial collapse (or involvement in a collapse). There were a few laugh-out-loud moments and many moments where I sounded smart at cocktail parties after listening to it.

    Get this book. Very worth it. I'm definitely going to get his first (financial) book, "The Big Short"

    P.S. I really try not to be an all 5's or all 1's guy. I hope that says something about the all 5's rating.

    P.S.S. I can't believe the surprise twist ending when you find out his brother was his father AND he was a vampire all along.

    0 of 0 people found this review helpful
  •  
    Deane Jacksonville, FL, United States 11-29-11
    Deane Jacksonville, FL, United States 11-29-11 Member Since 2009
    HELPFUL VOTES
    0
    ratings
    REVIEWS
    8
    3
    FOLLOWERS
    FOLLOWING
    0
    1
    Overall
    Performance
    Story
    "Interesting and enjoyable"

    Not as good as the Big Short, but good broad level information on what caused Europe's financial problems. Probably a bit simplistic, but informative, and enjoyable listening.
    Throwing the California problems in seem out of context, but did hurt the overall theme.

    0 of 0 people found this review helpful
  •  
    Thomas Naples, FL, United States 11-29-11
    Thomas Naples, FL, United States 11-29-11
    HELPFUL VOTES
    5
    ratings
    REVIEWS
    12
    6
    FOLLOWERS
    FOLLOWING
    0
    0
    Overall
    Performance
    Story
    "Our Scary Future"
    If you could sum up Boomerang in three words, what would they be?

    look out below


    What other book might you compare Boomerang to and why?

    other Michael Lewis books.


    What does Dylan Baker bring to the story that you wouldn’t experience if you just read the book?

    He almost makes the disturbing issues comical. I laughed more than once.


    Was there a moment in the book that particularly moved you?

    The Greek monks bribing government officials


    Any additional comments?

    I wonder if we're a step ahead or a step behind Europe.

    0 of 0 people found this review helpful
  •  
    D. Johnson Raleigh NC 11-29-11
    D. Johnson Raleigh NC 11-29-11 Member Since 2010

    DJ

    HELPFUL VOTES
    12
    ratings
    REVIEWS
    9
    9
    FOLLOWERS
    FOLLOWING
    2
    0
    Overall
    Performance
    Story
    "Entertaining and informative read"

    As in the "The Big Short," Michael Lewis tells a somewhat technical story through stories about individuals and organizations and, in this case, societies. I enjoyed the combination of the story and Dylan Baker's "can you believe this" type of delivery. Somehow the mostly bad and even depressing news/information is presented in a way that's pretty enjoyable. There are certainly some oversimplifications and broad generalizations based on his personal experiences, but it's a good level of information to add to other information that someone may run across in understanding what's happening to the world's economic and financial system. I would highly recommend the book.

    0 of 0 people found this review helpful
  •  
    Edward Pittsburgh, PA, United States 11-29-11
    Edward Pittsburgh, PA, United States 11-29-11 Member Since 2014
    ratings
    REVIEWS
    1
    1
    Overall
    Performance
    Story
    "Less than the sum of its parts"

    Interesting read with a lot of great stories, but overall, a bit disappointing as a follow-up to the superb "The Big Short."

    A lot of the ground was the same as Lewis's previous, but it felt like a lot of bits and pieces that didn't fit into the earlier novel. A few entertaining bits, but far too much of a reliance on national stereotypes.

    0 of 0 people found this review helpful
  •  
    Susan 11-29-11
    Susan 11-29-11
    ratings
    REVIEWS
    3
    1
    Overall
    Performance
    Story
    "A great book"

    A great book for those of us struggling to understand the economic crisis. I found it easy to follow, unlike much of what I read from the "experts".

    0 of 0 people found this review helpful
  •  
    Richard W Holmes 11-29-11 Member Since 2008
    ratings
    REVIEWS
    37
    1
    Overall
    Performance
    Story
    "Anecdotes illustrating global economic crisis"

    Good, entertaining and illustrative anecdotes of people and situations that contributed to the global economic downturn. A follow-up to Lewis's Big Short.

    0 of 0 people found this review helpful

Report Inappropriate Content

If you find this review inappropriate and think it should be removed from our site, let us know. This report will be reviewed by Audible and we will take appropriate action.

Cancel

Thank You

Your report has been received. It will be reviewed by Audible and we will take appropriate action.