Summary:
The book explores the financial crises that hit several countries around the world after 2008, focusing on how cultural attitudes toward finance and debt contributed to economic collapses in Iceland, Greece, Ireland, Germany, and the United States. It provides a series of on-the-ground accounts and character studies that illustrate the human and social factors behind the fiscal turmoil.
Key points:
1. Global Crisis: The book analyzes the 2008 financial crisis, emphasizing its global impact due to interconnected economies.
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