Boomerang

Boomerang: Travels in the New Third World is the latest book by Michael Lewis. You remember him, he's the guy who wrote The Big Short: Inside the Doomsday Machine and The Blind Side. Lewis's latest book covers the financial disasters in Iceland, Greece, Ireland, Germany, and of course that country in the United States called California. The chapter on Greece is especially timely.

If you want to know how and why these various countries got caught up in the financial crisis, this book has the answers. Lewis was able to obtain extensive interviews with very high-up government officials, along with opinions of the regular average citizens.

Lewis includes a little humor in this book. I especially found it funny about the Icelander who removed his luggage from the overhead container on a plane and knocked Lewis on the head without apologizing. One thing that Lewis does well is explain finances in a very easy-to-understand format.

If you want a great read for your next plane ride (just don't get knocked on the head by luggage), get Boomerang: Travels in the New Third World.