Michael Lewis’s “Boomerang”: Unraveling The 2008 Crisis
Michael Lewis’s “Boomerang” chronicles his journey through countries grappling with the repercussions of the 2008 financial crisis. By exploring Iceland, Greece, Ireland, and California, Lewis uncovers the systemic failures that led to the crisis. He examines the role of subprime mortgages, toxic assets, and moral hazard, highlighting the interconnectedness of global markets and the devastating…