"Boomerang", by Michael Lewis

I just finished a great book that I high recommend for anyone trying to understand the European debt crisis: Boomerang, by Michael Lewis. It’s a quick read that tackles a different distraught country chapter by chapter. Lewis, unlike many analysts or authors, attempts to pin each nation’s economic woes on some of their cultural habits and customs, which is interesting. He ends with America, which isn’t as screwed as many countries in the European Union, but is close. He also does an interesting analysis on who is to blame for America’s current economic crisis, elaborating on an overall economic moral failure. I highly recommend this book, as well as Michael Lewis’ others.