Tuesday, August 23, 2011

Vanity Fair - It's the Economy, Dummkopf! (Michael Lewis)

Michael Lewis has been one of the best authors on all things financial (even though he is not specifically a financial writer) the past decade.  Lately he has been concentrating on Europe - first Greece, then Ireland, and now it appears Germany.  A reader pointed out to me a very lengthy article in Vanity Fair which should be interesting for some of FMMF's readers:  It’s the Economy, Dummkopf! (full link here)

With Greece and Ireland in economic shreds, while Portugal, Spain, and perhaps even Italy head south, only one nation can save Europe from financial Armageddon: a highly reluctant Germany. The ironies—like the fact that bankers from Düsseldorf were the ultimate patsies in Wall Street’s con game—pile up quickly as Michael Lewis investigates German attitudes toward money, excrement, and the country’s Nazi past, all of which help explain its peculiar new status.

Some older Lewis here...

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