Intelligent politics for savvy people: Common sense view of world politics and news. Roundup of best stories. News analysis and news opinion unfettered by media mogul ownership or agendas - and some funny political humor. - Denny Lyon
Saturday, October 8, 2011
The Social Poets: Jon Stewart Interviews Boomerang Author Michael Lewis About Global Big Banks Disaster
The Social Poets: Jon Stewart Interviews Boomerang Author Michael Lewis About Global Big Banks Disaster: From Denny: This author decided to go on a walkabout. Actually, Michael Lewis went on a financial disaster tour of several European countries: Iceland, Ireland, Greece and Germany.
He wanted to view the global financial disaster through the prism of each culture and what a view he got. (He is also the author of Moneyball that was recently made into a movie.)
In Iceland he discovered that up until seven years ago the only way to make money in Iceland was fishing. But, seven years ago," the men literally walked off the fishing boats and walked into the banks deciding to become currency traders in a matter of days."
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