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.
Books similar to "Boomerang":
Crashed
Adam Tooze
Too Big to Fail
Andrew Ross Sorkin
This Time Is Different
Carmen M. Reinhart|Kenneth S. Rogoff
A Colossal Failure of Common Sense
Lawrence G. McDonald|Patrick Robinson
Fixing Global Finance
Martin Wolf
Contagion
John R. Talbott
The Return of Depression Economics and the Crisis of 2008
Paul Krugman
The Shifts and the Shocks
Martin Wolf
Financial Reckoning Day
William Bonner|Addison Wiggin
A History of the United States in Five Crashes
Scott Nations