Boomerang: how to turn into a third world country out of a developed country
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Cretinism of the authorities and financial illiteracy of many citizens is not a unique Russian phenomenon; no less impressive things are happening in Europe. The world famous journalist Michael Lewis investigated the causes of the economic problems of European countries, and what he writes is amazing. Just imagine: Icelandic fishermen were suddenly tired of engaging in their ancient fishing and they decided that they were well versed in banking, so they turned the country into a hedge fund, which suffered a crushing collapse. In Greece, where tax fraud has reached fantastic sizes, the monasteries became the soul of corruption, and the government actually did not bicycles, the public debt reached $ 1.2 trillion. In Ireland, a stream of cheap foreign money gave rise to a boom in real estate, the economy began to resemble a giant pyramid, and the country went bankrupt. Well, Germany has become the largest creditor of bankrupt countries.
Michael Lewis, as always, turns the narrative of seemingly boring and difficult to understand things into an action -packed romance with exciting scenes and bright characters
Michael Lewis, as always, turns the narrative of seemingly boring and difficult to understand things into an action -packed romance with exciting scenes and bright characters
Cover:
Cover:Hard
Category:
- Category:Business & Money
- Category:History & Geography
- Category:Science & Math
Publication language:
Publication Language:Russian
Age restrictions:
Age restrictions:0+
ISBN:
ISBN:978-5-9614-5920-3
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