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Start giftingBoomerang
This audiobook uses AI narration.
We’re taking steps to make sure AI narration is transparent.
Learn morePenguin presents the audiobook edition of Boomerang by Michael Lewis, read by Dylan Baker.
Having made the U.S. financial crisis comprehensible for us all in The Big Short, Michael Lewis realised that he hadn't begun to get grips with the full story. How exactly had it come to hit the rest of the world in the face too? Just how broke are we really?
Boomerang is a tragi-comic romp across Europe, in which Lewis gives full vent to his storytelling genius. The 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.
Icelanders wanted to stop fishing and become investment bankers. The Greeks wanted to turn their country into a piñata stuffed with cash and allow as many citizens as possible to take a whack. The Irish wanted to stop being Irish. The Germans wanted to be even more German. Michael Lewis's investigation of bubbles across Europe is brilliantly, sadly hilarious. He also turns a merciless eye on America: on California, the epicentre of world consumption, where we see that a final reckoning awaits the most avaricious of nations too.
This is the ultimate book of our times. It's time to brace ourselves for impact. And, with Michael Lewis, to laugh out loud while we're doing it.
Michael Lewis's global bestselling books lift the lid on the biggest stories of our times. They include Flash Boys, a game-changing exposé of high-speed scamming; The Big Short, which was made into a hit Oscar-winning film; Liar's Poker, the book that defined the excesses of the 1980s; and, most recently, The Fifth Risk, revealing what happens when democracy unravels. Michael Lewis was born in New Orleans and educated at Princeton University and the London School of Economics.