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A review by harlando
Boomerang: Travels in the New Third World by Michael Lewis
3.0
Interesting. It's a little too unfocused to be 'good.'
I had not heard about the Greek monks who made billions by trading real estate with the Greek government.
He has an interesting diversion into the German cultural and linguistic focus on shit and assess.
He ends with US municipalities, mostly in California, and their looming financial problems. I read this in early 2022 (published 2011) and did a quick check up on what happened in the intervening period. Not much. Some municipal entities have filed for bankruptcy, notably Detroit and a county in Alabama, but not that many. California does have 3 of the 5 largest.
I had not heard about the Greek monks who made billions by trading real estate with the Greek government.
He has an interesting diversion into the German cultural and linguistic focus on shit and assess.
He ends with US municipalities, mostly in California, and their looming financial problems. I read this in early 2022 (published 2011) and did a quick check up on what happened in the intervening period. Not much. Some municipal entities have filed for bankruptcy, notably Detroit and a county in Alabama, but not that many. California does have 3 of the 5 largest.